{"id":3267,"date":"2011-12-30T13:31:22","date_gmt":"2011-12-30T11:31:22","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=3267"},"modified":"2011-12-30T13:31:22","modified_gmt":"2011-12-30T11:31:22","slug":"keynes-was-right","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/keynes-was-right\/","title":{"rendered":"Keynes Was Right"},"content":{"rendered":"<p>Krugman, Paul.<\/p>\n<p>\u201cThe boom, not the slump, is the right time for austerity at the Treasury.\u201d So declared John Maynard Keynes in 1937, even as F.D.R. was about to prove him right by trying to balance the budget too soon, sending the United States economy \u2014 which had been steadily recovering up to that point \u2014 into a severe recession. Slashing government spending in a depressed economy depresses the economy further; austerity should wait until a strong recovery is well under way.<\/p>\n<p><strong>\u03a0\u03b7\u03b3\u03ae: <\/strong>The New York Times<\/p>\n<p><a href=\"http:\/\/www.nytimes.com\/2011\/12\/30\/opinion\/keynes-was-right.html?_r=3&amp;partner=rssnyt&amp;emc=rss\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Krugman, Paul. \u201cThe boom, not the slump, is the right time for austerity at the Treasury.\u201d So declared John Maynard Keynes in 1937, even as F.D.R. was about to prove him right by trying to balance the budget too soon, sending the United States economy \u2014 which had been steadily recovering up to that point [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,39],"tags":[25],"class_list":["post-3267","post","type-post","status-publish","format-standard","hentry","category-18","category-39","tag-25"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/comments?post=3267"}],"version-history":[{"count":1,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3267\/revisions"}],"predecessor-version":[{"id":3268,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3267\/revisions\/3268"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=3267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=3267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=3267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}