Scotland's First Minister says that an alternative to “piling austerity onto more austerity” must be foundButterfly Rammy
Nicola Sturgeon breaks ranks with European leaders and calls for debt relief for Greece
Liam O'Hare
ht Clonal
ht Clonal
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.
Scotland's First Minister says that an alternative to “piling austerity onto more austerity” must be foundButterfly Rammy
In a very readable and insightful review of the new Martin Wolf book (which I haven’t read yet) Kenneth Rogoff plays the revolutionary card:’Let’s get rid of these debts, we’ve got nothing to lose than a deflationary chain of events’. This puts him, in a Eurozone perspective, in the radical left corner of politics (and it’s kind of ironic that he accuses text-book economists like Krugman of being ´hard-left´…).Real-World Economics Review Blog