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

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 ...

Which takes a bigger bite out of the economy, government spending cuts or tax hikes? The chart shows the relative size of the bite that each takes out of GDP as a percentage of each dollar in cut ...

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…” ...

The United States enacted a series of fiscal relief and stimulus bills in recent weeks, centered around the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The current fiscal response ...