Talk:Deficit spending

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deftdrummer: 1252 7/14/06 I don't think that this article should be merged with deficit spending. This is mainly due to the fact that this article pretains more to the amendment about deficit spending rather than about deficit spending itself. Or at least it should be...

I don't know how to cite sources, but the explanation dealing with Hoover worsening the Great Depression can be found in this book: http://www.amazon.com/gp/product/0673993167/103-6585805-1667011?v=glance&n=283155

[edit] Debatable...?

Thank you for the link to the Hoover point, but it still seems to me - after studying several other economics-related pages on Wikipedia - that what he should or shouldn't have done is still under debate. Economics is theory, after all. I'm also slightly confused at the references to "monetary policy" in the article - are we referring to the concept itself, or of specific applications of that concept, or of policy decisions that affect money in a general way (e.g., calling a method of dealing with insurance companies as a general matter an 'insurance policy', so to speak... if that makes sense...).

Thx, t

[edit] Keyner or Lerner?

As far as I know, Keynes was neither in favour of deficit spending nor did he coin the word. His pupil Abba P. Lerner was, and he did. --Peter Hammer 14:19, 30 August 2007 (UTC)