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.
Monday, September 29, 2014
Lars P. Syll — NAIRU — a failed metaphor legitimizing austerity policies
NAIRU — another neoclassical myth based on simplistic assumptions and ignoring the elephants in the room.
Lars P. Syll’s Blog
NAIRU — a failed metaphor legitimizing austerity policies
Lars P. Syll | Professor, Malmo University
Labels:
debunking myths,
NAIRU
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