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De Rugy: America's fiscal ethos: From Alexander Hamilton's day to our own | News, Sports, Jobs

Washington Post columnist Megan McArdle recently wrote that the best argument made in favor of limiting the size of the stimulus during the Great Recession — part of a larger conversation about austerity — was one of ethos. “We weren’t spending the money in theory,” she wrote, “or in 1945, when an ethos of fiscal […]
United States Megan Mcardle Eric Leeper Alexander Hamilton University Of Virginia Washington Post

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