a funny thing happened in 2010: Much of the world's policy elite - the bankers and financial officials who define conventional wisdom - decided to throw out the textbooks and the lessons of history, and declare that down is up. Full Story »
Posted by Dwight Rousu
A good economist tour of how Austerians are confidence men using morality plays to maximize the interest rates on their bonds while they put people in bondage.
If you look at what Austerians want – fiscal policy that focuses on deficits rather than on job creation, monetary policy that obsessively fights even the hint of ... More »
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