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.
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Wednesday, February 24, 2016
Progrowth Liberal — The Sanders Fiscal Stimulus and Verdoon’s Law
I have been saying Team Bernie needs to hire economists to model out the economic effects of his policy proposals. This Verdoon effect might be something worth exploring.
I thought Bernie hired Stephanie but you wouldn't know it judging by Bernie's emphasis on "pay for's."
ReplyDeleteThat said, Bernie's anti-poverty program unveiled today smells an awful lot like Minsky's "Work Not Welfare."