We Need Another Dose of Supply-Side Economics Today
3 min readNov 29, 2021
Fiscal policy that focuses on aggregate demand will not solve the inflation and slow growth problems.
In the early 1930s, the economy was in the midst of a very severe recession. At the time, the general belief was that no government corrective action was necessary since the economy would, if left alone, eventually self-correct. As a result, there was no expansionary action…