Changes

→‎New Ordeal: labor supply
Line 306: Line 306:  
:::Ok, so this use of the term "supply side" differs from what supply side is.  Supply side refers to the importance of incentives to stimulate economic output, rather than classic Keynsian measurements of aggregate demand to determine "stimulus".  [[User:RobSmith|Rob Smith]] 07:43, 19 January 2010 (EST)
 
:::Ok, so this use of the term "supply side" differs from what supply side is.  Supply side refers to the importance of incentives to stimulate economic output, rather than classic Keynsian measurements of aggregate demand to determine "stimulus".  [[User:RobSmith|Rob Smith]] 07:43, 19 January 2010 (EST)
 
::::I use "demand side" for Keynesian stimulus plans. The New Deal trued to reduce unemployment by REDUCING the supply of people looking for jobs. It's not the same as supply-side in 1980s (which was to EXPAND the supply).[[User:RJJensen|RJJensen]] 11:15, 19 January 2010 (EST)
 
::::I use "demand side" for Keynesian stimulus plans. The New Deal trued to reduce unemployment by REDUCING the supply of people looking for jobs. It's not the same as supply-side in 1980s (which was to EXPAND the supply).[[User:RJJensen|RJJensen]] 11:15, 19 January 2010 (EST)
 +
:::::So the reference is to the supply of labor.  Was this a conscious effort on the part of New Deal planners, or an unintended result?  [[User:RobSmith|Rob Smith]] 21:42, 19 January 2010 (EST)
Block, Siteadmin, SkipCaptcha, Upload, Automoderated users, delete, edit, move, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, protect, rollback, Administrators, template
293,611

edits