Monday, October 8, 2012

Michael Sankowski — The Importance of Being Godley


Short post on fiscal stance and necessity for deficits based on understanding of the account. Good quotes worth filing for future use, too.

Monetary Realism
The Importance of Being Godley
Michael Sankowski

3 comments:

Bob Roddis said...

Obama: Look, I get the Keynesian thing. But it's not where the electorate is… p. 338.

http://delong.typepad.com/sdj/2012/08/the-buzz-from-michael-grunwalds-book-about-obama-economic-policymaking.html

Let's keep it that way. That would mean that there is still hope for the future.

Matt Franko said...

"In 1971, after taking the United States off the gold standard,[3] Nixon was quoted as saying "I am now a Keynesian in economics"

http://en.wikipedia.org/wiki/We_are_all_Keynesians_now

;p

Anonymous said...

Ron Paul 2016!