Did the stimulus create jobs?

|Peter Boettke|

No!

Tyler Cowen links to two new papers from the Mercatus Center that explore why.

Note the methodology used in the papers and in particular the multiple methodology perspective (or this link).  Don Lavoie would almost be proud that policy-relevant research at Mercatus has come this far I think.

Comments

[D. Markey]

I haven't read the paper, but you can never really tell some policy did or did not create a certain amount of jobs. This because you have nothing to compare it to, you cannot know/predict how the market would have evolved without this policy measure.