Richard Epstein and John Taylor reflect the global economic crisis of 2008 and discuss how to identify because the Keynesian narrative of events and explain the causes of failure at the root of the crisis. Epstein and Taylor evaluate government responses to the crisis, assess the effectiveness of the stimulus and Obama TARP legislation. Finally, Epstein and Taylor was the future that the government take steps to ensure recovery and growth. Key among them: Dont raise taxes.
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