1. Farmer’s Folly: Bringing the Nikkei Godzilla to America
(Matching tags: economy, recession, unemployment, employment, consumption, stock market crash, asset prices, S&P 500, investment)

UCLA’s Roger Farmer has suggested that the government should bid up asset prices—say, purchasing shares of companies in the S&P 500 in order to drive up the stock market.  In essence, he argues ...