Pages

Pages

Wednesday, September 14, 2011

Richard Koo attacks the conventional wisdom of Very Serious Persons

From the article: "The insistence that fiscal consolidation is necessary in the longer term is like the doctor who, faced with a patient who has just been admitted to the intensive care ward, repeatedly questions the patient about his ability to afford the treatment. This is both lacking in decency and irresponsible".

No comments:

Post a Comment