By Arnold Kling
Cato’s Caleb Brown recently recorded me in two podcasts. My thoughts on multipliers and stimulus are here (this link may be more reliable). You will also find a link to my recent podcast on co-ordinated health care (I linked to this one earlier this week). On the multiplier issue, I raise points that I’ve been raising on this blog–my issues with talking about “the” multiplier as if it were a constant, the difficulty of targeting stimulus at unemployed resources, and so on.