The real case is that
activist policy depends on a teetering chain of improbabilities.
Rubenstein's predecessor, Robert Ford, has recently spoken publicly on his experience after his retirement last month, and observers have taken his assessment -- that the Assad regime will likely remain in power a year from now, controlling a significant part of the country -- as a sign that the Obama administration has little appetite for supporting a more
activist policy on the conflict.
The
activist policy pursued in order to achieve this objective engendered the monetarist-Keynesian debate, which centered on whether policymakers could and should base policy on the observed inflation-unemployment relationship captured by the empirical correlations of the Phillips curve.
But the country's heavy exposure to the debt crisis, combined with the recent personnel changes, has driven some in the healthier northern euro zone core to push for changes to try to restore a better balance between traditional and
activist policy styles.
The rater also cited worries over South African political leaders' reluctance to reject calls for more
activist policy interventions, which could lead to contraction in private investment in the country.
Indeed, the archival evidence makes clear that Hayek viewed discretionary monetary policy and Keynesian
activist policy in much the same negative light as he had viewed partial planning and interventionist policy in the published draft of The Road to Serfdom.
Chaplin, in his sketch of a Christian communitarian pluralism and from his neo-Calvinist notion of sphere sovereignty, allows for a more
activist policy role for the state.
Mr Ereli said the world should now expect to see a much more
activist policy with regards to the Arab-Israeli dispute.
In Antinolfi, Azariadis, and Bullard's model,
activist policy works to stabilize the economy around its good steady state by influencing private expectations of future inflation under various contingencies that arise both in and out of equilibrium.
The agency, was regarded by many in the Bush administration as reflexively and implacably hostile to any
activist policy in Iraq.
The problem with the
activist policy, some lament, is that we haven't done a better job of measuring that potential.
Then he draws on the analyses of theorists of the middle and left to undermine the neo-liberal perspective and make the case for a more
activist policy position.
