Economic Synopses
Tools
Related Data Publications
- U.S. Financial Data
- Monetary Trends
- National Economic Trends
- International Economic Trends
- Annual International Economic Trends
Related Links
Short essays on the economic issues of the day written for a generally informed readership.
2012, No. 1
Fiscal Policy in the Great Recession and Lessons from the Past
The recent behavior of key fiscal policy variables draws some parallels with the U.S. experience in the Civil War and the two world wars. A specific concern is the possibility of high inflation to finance the accumulated debt.