Tuesday, November 27, 2012

Galbraith on the Fiscal Cliff

Jamie Galbraith argues here (he appears at around minute 10) that there is no economic reason to be concerned about the fiscal cliff, and that the cause for the 'crisis' is that certain groups want to roll back social spending.

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Galbraith on MMT and the Hyperinflation Boogeyman

From his recent piece : "Does this mean that 'deficits don’t matter'? I know of no MMT adherent who has made such a claim. M...