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Austerity fetishism is simply the latest expression of free market orthodoxy.
In a recent talk in London Peer Steinbrück, the SPD candidate for the German Chancellorship, in an otherwise progressive talk referred to Ireland as the "star pupil" among the countries struggling ...
Perspectives from a New Keynesian model New Keynesian macroeconomics (henceforth NK) was born as a defensive reaction to the radical agenda of the new classical economists of the late ‘70s vintage....