Real GDP starting in 1929 for the US and 2007 for Greece. Back then, with the New Deal, the US economy had essentially recovered after less than a decade. But there is no solution in sight for Greece now. This summer with more payments due, and the Brexit discussion on top, should bring new developments.
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Fourth Godley-Tobin Lecture: Marc Lavoie on Godley vs Tobin on Monetary Theory
Part of the Eastern Economic Association Meeting , and sponsored by the Review of Keynesian Economics .

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Fields, David (Forthcoming), “Classical Dichotomy,” Edward Elgar Encyclopedia on Central Banking , edited by L.P. Rochon et...
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Central planning (Socialism?) in democratic societies There is a lot being written on the causes and cures for the economic consequenc...
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Jessica Finnamore (Guest blogger) Heterodox economics refers to any school of thought which is not accepted by the economic mainstream, or...

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