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— Austan Goolsbee"For policy makers interested in using tax policy to stimulate investments or especially to smooth business cycle fluctuations, the results are not promising."
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Many white people experience themselves as powerless, even in the face of privilege. But the fact is that we all have a sphere of influence, some domain in which we exercise some level of power and control. The task for each of us, White and of color, is to identify what our own sphere of influence is (however large or small) and to consider how it might be used to interrupt the cycle of racism.
— Beverly Daniel Tatum
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Inflation is lower and more stable and the real business cycle fluctuations are more modest.
— Martin Feldstein
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