News - Keynesian economics
Nearly half of Americans say the economic-stimulus plan has done nothing to improve the economy, a poll released Thursday suggests Even more, 64 percent, said the stimulus plan has had no effect on their family's financial situation, the Gallup poll found, and a fifth said the plan has worsened the nation's economy. Looking ahead, 48 percent said they believe the stimulus will eventually improve the economy, but only 35 percent said they think the plan will improve their family's financial situation, the poll revealed.
By Henry, John F The Soulful Science: What Economists Really Do and Why it Matters, by Diane Coyle. Princeton and Oxford: Princeton University Press. 2007. Hardcover: ISBN 13: 978-0-691-12513-8, $27.96. 277 pages. There are two good reasons why every reader of this journal should peruse this book.