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Recent Posts
- Fed and Bank of England raise rates Bank of England warns of recession
- Federal Government Budget cautious document :unemployment projected to be 5.8% then fall to 5.5 % in 2022-23
- Hello after much faffing about with the help of my computer savvy son I am glad to say that my wordpress site is once again accessible
- Poli 349 AA (9930): Political and Social Theory and the City. Course outline fall 2021. Thursday 5:45-8:15 Prof. Harold Chorney (Latest Version).
- Poli 204 Course outline Prof.Chorney latest version
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Category Archives: anti austerity
Europe moves closer to Quantitative Easing:Inflation falls to 0.3% Carlo Bastasin suggests a useful policy tool
The latest inflation data for the Eurozone shows inflation at only 0.3 %. Many analysts are beginning to worry that prolonged low inflation will reinforce economic stagnation (See the analysis of Gavin Davies in the Financial times on this.) An … Continue reading
Even IMF believes in debt financed public infrastructure: at current low interest rates multiplier may be 3
According to a commentary by Larry Summers in today’s Financial Times the IMF has pronounced itself finally in favour of major public infrastructure investment financed not by tax increases but by medium and long term borrowing. The current low interests … Continue reading
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