Fiscal policy reclaims power in shaping economic future, study finds.
The article argues that fiscal policy, like government spending and taxes, is still important for managing the economy, despite recent focus on monetary policy. The authors suggest that both fiscal and monetary policies should be used together in a coordinated way to achieve better results. They reviewed recent research and found that fiscal policy deserves more attention than it has been getting. In conclusion, using both fiscal and monetary policies together can be an effective way to control the economy.