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Tag: Mmt

Sorry Folks, Austerity’s Not Dead Yet! New Economic Perspectives

It makes a good headline; but it’s dangerous to say “austerity is dead,” just because new budget projections indicate that the deficit has already been cut by $200 Billion more than in previous projections, and because the Reinhart-Rogoff study has been debunked successfully, and, hopefully, irretrievably. Austerity will only be dead when legislators, Presidents, Prime Ministers, Central Bankers, and international lending organizations stop trying to implement it, whether or not they stop because deficits have already been cut.

Robert Reich has a Good Heart but an Inadequate Grasp of Economics – William K. Black

Robert Reich has a Good Heart but an Inadequate Grasp of Economics

By William K. Black (Cross posted from Benzinga.com) Robert Reich has written a column entitled “Why this is the Worst Recovery on Record.”  It’s an odd title because the article makes no reference to this being “the worst recovery on … Continue reading

Robert Reich has a Good Heart but an Inadequate Grasp of Economics

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