Word: barro
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...Wall Street Journal and a later interview with The Atlantic Magazine, economics professor Robert J. Barro attacked the package’s underlying principle that government spending is especially effective in boosting gross domestic product—arguing that tax cuts incentivize people to save, rather than consume or work, and that funneling money into building infrastructure may lead to the construction of “bridges to nowhere...
...While Barro has argued that directing government expenditures to infrastructure may lead to inefficient, useless projects, Stock wrote that the bill “has infrastructure spending determined by the states directly,” and that decision-making may be more transparent on a state level...
...that an interest rate cut is in order to push the economy back on track. But others say the Fed should not bail out a small segment of investors for their “greed and stupidity.” Harvard instructors including Warburg Professor of Economics Robert J. Barro and Baker Professor of Economics Martin S. Feldstein ’61 said they support a lower interest rate, even though such action can push up inflation. “The most important thing [the Fed] does is respond to major financial crises,” Barro said...
...Crimson, the names of two letter writers were accidentally switched due to a production error. The letter “No Grounds to Question Duke Lacrosse Players’ Character” attributed to Leah M. Littman and Tracy E. Nowski was actually written by Joshua A. Barro and the letter “Portrayal of Rape Ignores Statistics and Misses Nuance” attributed to Joshua A. Barro was actually written by Leah M. Litman and Tracy E. Nowski. The letters with their correct authors are reprinted below. The Crimson apologizes to the letter writers and its readers...
JOSHUA A. BARRO...