One economist is gaining traction with his radical prescription for world woes.
Radical? Mosler's proposals are nearly identical to what Marriner Eccles proposed in 1932. If they converge, it's more likely common sense and logic, not radicalism.
Mariner Eccles testimony to the US Senate, 1932
For pointing out the obvious, Eccles was promptly made Fed Chief by FDR. What will Obama do?
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