Macro Musings 14: Mark Thoma on Fiscal Policy, Econometrics, and Political Business Cycles

In this week’s episode, David speaks with Mark Thoma, professor of economics at the University of Oregon and author of the popular blog, “Economist’s View.” Mark discusses his journey into econometrics and the application of econometric techniques to macroeconomic and monetary issues. Looking back at the 2008 crisis, Mark makes the case that fiscal stimulus should have been much stronger. He and David also discuss the role of monetary policy and financial regulation during this time. Finally, Thoma also explains some of his work on political business cycles: instances where politicians affect policy to increase the likelihood of being reelected.

People: 
David Beckworth
Calendar Date: 
Jul 11, 2016
Podcast Series: 
Macro Musings [1]
Tags: 
Monetary Policy [2]
Financial Markets [3]
Podcast Types: 
Mercatus Original Podcast [4]
Newsletter: 
This Week at Mercatus [5]
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Related Content: 
Macro Musings 13: Joseph Gagnon on Quantitative Easing in the United States and Abroad
Macro Musings 12: Will Luther on the Bitcoin, Vodka, and the Emergence of Money
Macro Musings 11: Robert Hetzel on Milton Friedman, the Monetarist-Keynesian Debate, and the 2008 Crisis
Featured Tag: 
Monetary Policy [2]
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Source URL: https://www.mercatus.org/podcast/2016/07/11/macro-musings-14-mark-thoma-fiscal-policy-econometrics-and-political-business

Links
[1] https://www.mercatus.org/podcasts/series/macro-musings
[2] https://www.mercatus.org/tags/monetary-policy
[3] https://www.mercatus.org/tags/financial-markets
[4] https://www.mercatus.org/podcasts/types/mercatus-original-podcast
[5] https://www.mercatus.org/newsletters/week-mercatus

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