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Economic Commentary

Round table's Rx for the Economy: First, Do No Harm

In this political season, there are as many prescriptions being written for the economy as there are would-be healers. Though the diagnosticians agree that the patient will certainly recover, they are divided on just how aggressively treatment should proceed.

The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. This paper and its data are subject to revision; please visit for updates.

Suggested Citation

Erceg, John, and John Martin. 1992. “Round table's Rx for the Economy: First, Do No Harm.” Federal Reserve Bank of Cleveland, Economic Commentary 2/15/1992.