Week 2: Keynesianism vs. Monetarism
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Britain’s journey from austerity has hardly begun - FT.com

Britain’s journey from austerity has hardly begun - FT.com | Week 2: Keynesianism vs. Monetarism | Scoop.it
At least Ronald Reagan was joking when he said the deficit was “big enough to take care of itself”. British politicians show similar insouciance about their fiscal crisis, and they seem to mean it.
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The Great Debt Debate - Austerity vs. Stimulus (Project Syndicate)

In the wake of the global economic crisis, mounting public debt, whether stemming from fiscal stimulus or bank bailouts, has forced governments in Europe, Japan, and elsewhere to pursue fiscal consolidation, with more to come, including in the US.
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Larry Summers: More Stimulus Now

Larry Summers: More Stimulus Now | Week 2: Keynesianism vs. Monetarism | Scoop.it
By Lawrence H.Summers (@larry_kudlow wrong, @LHSummers has, since 2011ish advocated fiscal stimulus (demand-side http://t.co/mlNpodTsXk @morningmoneyben)...
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Osborne damps hopes for easing of austerity - FT.com

Osborne damps hopes for easing of austerity - FT.com | Week 2: Keynesianism vs. Monetarism | Scoop.it
George Osborne said on Tuesday he would not be able to dilute his austerity programme even though the public finances were doing better than expected.
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Sovereign doubts

Sovereign doubts | Week 2: Keynesianism vs. Monetarism | Scoop.it
ECONOMISTS are an argumentative bunch. Yet before the crisis most found common ground in the notion that fiscal stimulus was an obsolete relic. Monetary policy...
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