Chandler Lutz

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    • Separation of Stocks and State
      Nice Article! I have to say though you used quite a small data set. When econometricians analyze these things they always use as much data as possible which usually goes back to the 1920s. If you do so (and there have been various studies on these things) you would find that with a dem in office you would find the stock market increased about 11 percent while with a republican it. The difference largely accounts for Hoover's Great Depression and the large expansion during the roosevelt years.

      Overall if you want to find a candidate that will foster economic growth then you must look at what drives economic growth...the consensus on this is capital investment and productivity growth. Then you must look at each candidates' policies to determine which will more likely drive productivity growth and capital investment in the long term. The answer is not always clear and obviously different people will arrive at different conclusions.

      For me personally I believe that Obama Is by far the best choice...Undoubtedly 50 percent of the people will agree with me and the other 50 will disagree with me...I guess that's what happens when you have heterogeneous agents...
      Sep 04 16:47 pm |Rating: 0 0 |Link to Comment |View article

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