vryadli: (Default)
[personal profile] vryadli
On other fronts, however, the M.I.T. gang’s good advice has been ignored. The I.M.F.’s research department, under Mr. Blanchard’s leadership, has done authoritative work on the effects of fiscal policy, demonstrating beyond any reasonable doubt that slashing spending in a depressed economy is a terrible mistake, and that attempts to reduce high levels of debt via austerity are self-defeating. But European politicians have slashed spending and demanded crippling austerity from debtors anyway.

етц. http://www.nytimes.com/2015/07/24/opinion/paul-krugman-the-mit-gang.html?ref=opinion&_r=1

Profile

vryadli: (Default)
vryadli

January 2026

S M T W T F S
    123
45678910
111213 14 151617
18192021222324
25262728293031

Most Popular Tags

Style Credit

Expand Cut Tags

No cut tags
Page generated Jan. 20th, 2026 02:55 am
Powered by Dreamwidth Studios