Inequality was a growing concern. The proportion of respondents who fully or partially agree that the distribution of income in the United States should be more even increased from 68% in 2000 to 86% in 2020-21. Absolutely 85% thought corporate power was too concentrated. Another concern was climate change, which most agreed was a major risk to the economy. (Both questions were asked for the first time in the last wave.)
Surprisingly, based on their views on market power, respondents’ support for the strong use of the no-confidence policy has grown significantly over the past two decades (see panel below). Another significant change was in the stimulus of revenue activism. Further economists thought that the Federal Reserve could not conduct business cycles alone সম্ভবত perhaps consistent with its policy rate falling to zero এবং and were keen for a bigger role for the government. Many more agree that fiscal policy can have significant economic implications, both in times of recession and in the long run.
The frustrated science has not become completely harmonious, though. Economists have been somewhat divided over the recent wave of income and capital gains tax cuts, with almost half of respondents agreeing with their proposal and the rest disagreeing. Enough space, still, for healthy debate.
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