I've always believed in expansionary monetary policy and if necessary fiscal policy when the economy is depressed.
Developing protectionism regarding trade and our reluctance to place fiscal policy on a more sustainable path are threatening what may well be our most valued policy asset: the increased flexibility of our economy, which has fostered our extraordinary resilience to shocks.
I am conservative with a small 'c.' It's possible to be conservative in fiscal policy, and tolerant on moral issues or questions of freedom of expression.
If we have a common currency, the main regulator for policy in the country is the fiscal policy.
Fiscal policy is not just, or even not even principally, the purview of the president.
... it's important to have the right monetary policy. It's important for, to have the right fiscal policy. But it's nowhere near as important as just the normal regenerative capacity of American capitalism.
The great thing about fiscal policy is that it has a direct impact and doesn't require you to bind the hands of future policymakers.
When you're facing the threat of recession, you need to have an expansionary monetary and fiscal policy. Pre-Keynesian, Hooverite views are dead everywhere except on 19th Street in Washington.
Abenomics, quantitative easing, fiscal policy - we know all the issues.
I would like to see Greece as a case study, an opportunity for Europe to strengthen its coordination of fiscal policy.
