- After decades of cheerleading for deficit reduction and lower government spending, Wall Street may be changing its tune.
- Leading investment figures are interested in heterodox economics ideas like Modern Monetary Theory.
- Younger analysts' experience of a weak recovery from the 2008 financial crisis have made many enthusiastic about fiscal stimulus and income redistribution as a means of jump-starting economic growth.
- Alex Yablon is a Brooklyn-based journalist who writes about politics and policy.
- This is an opinion column. The thoughts expressed are those of the author.
Wall Street has always been progressives' 'Big Bad.' But a new generation in the finance industry is starting to sound more like allies than enemies.
Alex Yablon
2 comments:
income redistribution = UBI ?
Hard core commies no gonna likey....
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