Inequality and Keynesian Economics
Acemoglu, Daron, Robinson, James. Paul Krugman and Robin Wells have an interesting article in the Occupy Handbook edited by Janet Byrne that has just come out that has just been reprinted at salon.com. Krugman and Wells articulate and expand on a thesis that they have suggested previously. They start by arguing that the huge increase in […]
Economy killers: Inequality and GOP ignorance
Krugman, Paul, Wells, Robin. America emerged from the Great Depression and the Second World War with a much more equal distribution of income than it had in the 1920s; our society became middle-class in a way it hadn’t been before. This new, more equal society persisted for 30 years. But then we began pulling apart, […]
Argentina’s critics are wrong again about renationalising oil
Weisbrot, Mark. The Argentinian government’s decision to renationalise the oil and gas company YPF has been greeted with howls of outrage, threats, forecasts of rage and ruin, and a rude bit of name-calling in the international press. We have heard all this before. Πηγή: The Guardian πλήρες κείμενο