… this is in part why a Bernie type policy would actually lead to significant changes in employment and productivity.Naked Keynesianism
Crazy as Adam Smith: the Media Discovers the Kaldor-Verdoorn Effect
Matias Vernengo | Associate Professor of University Economics, Bucknell
Also
The guy that used the graph above said: "The middle-class society I grew up in didn’t evolve gradually or automatically. It was created, in a remarkably short period of time, by FDR and the New Deal. As the chart shows, income inequality declined drastically from the late 1930s to the mid 1940s, with the rich losing ground while working Americans saw unprecedented gains." Unprecedented, as in never done before, or implausible. Who said that? Bernie Sanders? Gerald Friedman? No, it was Paul Krugman of course.Getting history right: Krugman continues his disinformation campaign
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