An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Monday, August 13, 2012
Brad DeLong — Caijing: Hopeless Unemployment
Brad DeLong on the global economy and Great Depression. Emphasizes the cost of unemployment, especially long term unemployment that affects the participation rate negatively.
Caijing (English) Hopeless Unemployment J. Bradford De Long | Professor Economics, UCAL Berkeley
Government intervention in the form of 99 week paid holidays has had detrimental effects?
ReplyDeleteGet out.