Why is it said that decisions on fiscal and monetary policy are, at least in part, political

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Why is it said that decisions on fiscal and monetary policy are, at least in part, political decisions that cannot be made on “objective” economic criteria?

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Macroeconomics Principles And Policy

ISBN: 9780324586213

11th Edition

Authors: William J. Baumol, Alan S. Blinder

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Question Posted: Sep 01, 2012 02:48 AM

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Why is it said that decisions on fiscal and monetary policy are, at least in part, political

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Macroeconomics Principles And Policy

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