Explore how the crowding-out and multiplier effects impact government stimulus spending. Learn which theory better stimulates ...

When I was a kid in church youth group, we sang a song about a magic penny and it goes like this: “Love is like a magic penny. Hold it tight and you won’t have any. Give it away and you’ll have many…” ...

Supporting local business has long been recognized as the key factor in driving economic growth and community development. Studies consistently show that when consumers spend their money at local ...

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The United States has implemented large-scale fiscal policy measures to help households and businesses cushion the economic fallout from the COVID-19 pandemic and to strengthen the recovery. The ...