Sunday, November 1, 2015

Robert Reich and the Austerity Failure

1 comment:

  1. To reinforce Reich's argument, Keynes wrote in 1936 "It seems unlikely that the influence of [monetary] policy on the rate of interest will be sufficient by itself,” . “I conceive, therefore, that a somewhat comprehensive socialization of investment will prove the only means of securing an approximation to full employment".

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