fiscal policy
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A function of fiscal policy, along with monetary policy, is to regulate the level of economic activity, the price level, and the balance of payments. Fiscal policy also determines the distribution of resources between the public sector and the private sector and influences the distribution of wealth.
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After World War II, economists inspired by John Maynard Keynes thought monetary and fiscal policy could influence inflation and unemployment.
From The Wall Street Journal ● Oct. 13, 2026
Years of undisciplined fiscal policy have doubled the debt-to-GDP ratio over the past two decades to over 100% in the U.S.
From MarketWatch ● Sep. 15, 2026
They’re costly, no doubt, but their cost is manageable within the confines of federal fiscal policy.
From Los Angeles Times ● Sep. 1, 2026
Investors have been scouring an online Reddit “Ask Me Anything” that Burnham conducted for clues about fiscal policy.
From The Wall Street Journal ● Jul. 17, 2026
The fiscal policy having been settled, Sir John Macdonald again turned his attention to the problem of a railway to the Pacific.
From The Day of Sir John Macdonald A Chronicle of the First Prime Minister of the Dominion by Sir Joseph Pope
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