Bill Mitchell — When New is Old and just another exercise in denial

On November 2, 2016, Furman published an Op Ed on the Voxeu.org site – The New View of fiscal policy and its application – which asserts that the GFC has led to the “landscape of the fiscal policy debate” changing “over the past decade, with academics and international organisations moving away from an ‘Old View’ of fiscal policy as ineffective”.…

Bill Mitchell – billy blog
When New is Old and just another exercise in denial
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia