The Great Moderation consensus includes the idea that the central bank should be independent of politics.
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Q259: Economists who agree with the Great Moderation
Q260: The Great Moderation consensus is that expansionary
Q261: The Great Moderation consensus is that the
Q262: When interest rates are very high, the
Q263: Many economists argued against using discretionary fiscal
Q265: Many economists favored using discretionary fiscal policy
Q266: Discretionary fiscal policy may destabilize the economy
Q267: Economists today generally believe that fiscal policy
Q268: Some Keynesian economists believed that at the
Q269: Most economists today believe that effective monetary
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