Also worth a look: Central Bank Myths (about inflation) Drag Down the Global Economy. The economics that justifies the draconian "inflation fight" really is bunk. Excerpt: "World Bank chief economist Michael Bruno and William Easterly asked, “Is inflation harmful to growth?” With data from 31 countries for 1961-94, they concluded, “The ratio of fervent beliefs to tangible evidence seems unusually high on this topic, despite extensive previous research.”
Subscribe to:
Post Comments (Atom)
-
Here's a detailed explanation by a Modern Monetary Theory founder, Stephanie Kelton. The bottom line: Social Security's enabling l...
-
© by Mark Dempsey In the year 2000 the World Health Organization (WHO) ranked countries’ health care system outcomes according to thin...
-
(c) by Mark Dempsey Blaming current conditions on traditions Ronald Reagan began, or the racist Republicans, as Jeffrey Sachs does (here...
No comments:
Post a Comment
One of the objects if this blog is to elevate civil discourse. Please do your part by presenting arguments rather than attacks or unfounded accusations.