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.
Wednesday, November 15, 2017
Steve Keen - UK's public spending level no lower despite years of austerity
Steve Keen explains why austerity doesn't work and can never work - you can't save yourself to growth. He say's how the Tories have committed themselves so much to austerity now that they can't pull out and admit their mistake, so only the Labour will be able end austerity.
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If the UK is so stymied by austerity, I’m puzzled as to why unemployment is lower than it’s been for about 30 years.
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