Monday, January 23, 2012

krugman e la politica

I don't agree on the fact that a memo is a presidential economy truth. A political memo is political, so nothing to do with economic thinking. You were right about stimulus, you are right about liquidity trap, you are right about deficit, but these just prove that you are a great economist. In the field of hegemony for building consensus ( politics), Keynesian macroeconomics, at the moment, not seems to me in a very good position. It seems to me that austerity is very like creationism: no scientific argument to support it but hegemony in the society. So we need someone that can transform great economic thinking into politics, but that person can’t be you.

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