Randy Wray — Expansionary Austerity: Reinhart&Rogoff and the Neolibs

I just did another interview on Reinhart&Rogoff and the magic, disappearing, 90% debt ratio, centered on the Neoliberal belief in “expansionary austerity”. You can see the original here: http://acemaxx-analytics-dispinar.blogspot.ch/2013/04/interview-prof-l-randall-wray.html 

Here is the text of the newest interview:

Economonitor — Great Leap Forward

Expansionary Austerity: Reinhart&Rogoff and the Neolibs
L. Randall Wray | Professor of Economics, UMKC