Comments on: In Praise of the German Fiscal Law http://www.irisheconomy.ie/index.php/2009/06/26/in-praise-of-the-german-fiscal-law/ Mon, 21 May 2012 19:03:59 +0000 http://wordpress.org/?v=2.6.3 By: John McHale http://www.irisheconomy.ie/index.php/2009/06/26/in-praise-of-the-german-fiscal-law/#comment-9550 John McHale Fri, 26 Jun 2009 17:45:05 +0000 http://www.irisheconomy.ie/?p=2852#comment-9550 I think Ashoka Mody makes a very good point. Applied to Ireland, credibly committing to such a rule would provide more scope for countercyclical fiscal policy, not less. I think Ashoka Mody makes a very good point. Applied to Ireland, credibly committing to such a rule would provide more scope for countercyclical fiscal policy, not less.

]]> By: Michael Hennigan - Finfacts http://www.irisheconomy.ie/index.php/2009/06/26/in-praise-of-the-german-fiscal-law/#comment-9539 Michael Hennigan - Finfacts Fri, 26 Jun 2009 16:00:50 +0000 http://www.irisheconomy.ie/?p=2852#comment-9539 Recently Norbert Walter, chief economist of Deutsche Bank, challenged the views of the likes of Krugman, Stiglitz and Martin Wolf of the FT, on Germany: http://www.finfacts.ie/irishfinancenews/article_1016993.shtml On a side point, it's interesting that US-based economists e,g. Ashoka Mody, Larry Summers and Ben Bernanke, seem to be reluctant to wear their Ph.D badges! Recently Norbert Walter, chief economist of Deutsche Bank, challenged the views of the likes of Krugman, Stiglitz and Martin Wolf of the FT, on Germany:

http://www.finfacts.ie/irishfinancenews/article_1016993.shtml

On a side point, it’s interesting that US-based economists e,g. Ashoka Mody, Larry Summers and Ben Bernanke, seem to be reluctant to wear their Ph.D badges!

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