INDEX
“Accounting for Sovereign Money” (Dyson and Hodgson), 143 Akerlof, George, 48 American Jobs Act proposal (2011), 110–11 American Recovery and Reinvestment Act (ARRA, 2009) accelerated depreciation of business investments and, 110 Council of Economic Advisers’ analysis of, 108–12 Democratic Party support for, 89, 103, 107, 109, 111–12 emergency unemployment compensation and, 109–10 empirical studies of, 111, 117–22 estimated impact of, 107–8, 111–12 federal deficit and, 153 government spending provisions in, 53, 89, 109 inflation and, 130–31 infrastructure provisions and, 109 Making Work Pay credit and, 62, 84, 89–92, 103–5, 110 Medicaid funding and, 99, 109–10, 119–21
need for additional stimulus following, 53, 55, 108, 212 Republican Party opposition to, 53, 84, 89, 103, 107, 112 size of stimulus in, 52–53, 108 state balanced budget requirements and, 119 statutory funding formulas in, 117–18 tax cuts and, 53, 109 teaching jobs prioritized in, 109–10 transfers to state and local governments under, 53, 99–100, 117–21 unemployment and job creation addressed in, 52–53, 108, 111, 118–21 Arbess, Daniel, 182–83 Archer, David, 145 Ash, Michael, 32 Auerbach, Alan, 115–16 “Avoiding Default” (Olney), 164 balance-sheet recessions, 166–69 Ball, Laurence, 200 Bank of England, 189
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