Thursday, April 4, 2013

Matias Vernengo — How to solve the crisis without doing a thing

Are you concerned with unemployment and the effects of austerity on the very slow recovery? The Congressional Budget Office (CBO), with the help of mainstream theory, has a solution. Just hike the natural rate of unemployment.
Naked Keynesianism
How to solve the crisis without doing a thing
Matias Vernengo | Associate Professor of Economics, University of Utah


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