Links: 2013-02-23

News links for 23 February 2013
EconoMonitor : Ed Dolan's Econ Blog » CPI Inflation Stuck at Zero as Fiscal and Monetary Policy Threaten to Turn Procyclical
"According to the textbook prescription, the ideal time to cut government spending and tighten monetary policy is when the economy begins to approach full employment and the first signs of excessive inflation appear. Economists call that kind of preemptive policy countercyclical  because it helps to keep an impending boom from running out ...

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