-Caveat Lector-
The Growth Consensus Unravels
Jonathan Rowe, Dollars and Sense
Economics has been called the dismal science, but beneath its gray exterior is
a system of belief worthy of Pollyanna.
Yes, economists manage to see a dark cloud in every silver lining. Downturn
follows uptick, and
-Caveat Lector-
Joshua forwarded:
The Growth Consensus Unravels
Jonathan Rowe, Dollars and Sense
snip
It was John Maynard Keynes, after all, who devised
the growth-boosting mechanisms of macroeconomic
policy to combat the Depression of the 1930s; it
was Keynesians