Peter Blair Henry Quotes
A government decision that slashes spending at the wrong time and sends a weak economy into a tailspin can be just as undisciplined as one that unleashes a wasteful spending spree in an overheated environment.
Topics
Government, Governments
Government Spending
Monetary Policy
Time
Weak, Weakness, Weaknesses
Fiscal Responsibility
Spending Cuts
Wasteful Spending
Wrong Time
Recession
Austerity Measures
Economic Contraction
Economic Discipline
Economic Downturn
Fiscal Discipline
Fiscal Imbalance
Fiscal Irresponsibility
Fiscal Mismanagement
Fiscal Prudence
Fiscal Stimulus
Fiscal Tightening
Weak Economy
Citations
Henry, Peter Blair. Turnaround: Third World Lessons for First World Growth. Basic Books, 2013, p. 6.
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Peter Blair Henry, an economist, was the ninth Dean of New York University's Leonard N. Stern School of Business, and William R. Berkley Professor of Economics and Business, and author of TURNAROUND: Third World Lessons for First World Growth . Previously, he was the Konosuke Matsushita Professor of International Economics at Stanford University.