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.

No comments:

Post a Comment

Rethinking the determination and long-run evolution of income distribution

New paper by Thomas Palley. From the abstract: This paper presents a theory and model of long-run cycles in income inequality. The model exp...