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The a priori use of the consumer confidence argument

Posted by Langvardt, Kyle
Langvardt, Kyle
Professor Langvardt joined the UDM faculty in Fall 2012. Before UDM Law, he was
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on Tuesday, 12 March 2013
in Faculty Blogs
I was listening to yesterday's Diane Rehm show and heard the following exchange between a caller named Tina and an economist named Ed Conard.  I've attached Tina's question and Conard's response below so that you can check my characterization of what was said. Basically, Tina's family is well-to-do but frugal.  Tina asked whether her family's low level of consumer spending is the sort of thing that affects the economy in one way or ano...