Here's a very recent post - with a graph, from Prof. Dr. Dr. Krugman (did I forget an additional Dr.? --- I think so, but not sure). It tells you all you really need to know about austerity as plan for growth. Please follow link to original
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The Irish Model Continues to Shine
Remember how Ireland’s vigorous recovery proved Keynesian economics — and smarty-pants Keynesian economists — wrong?
Neither do I.
Industrial Production Decreased 0.3% in October
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Earlier from the Fed: Industrial Production and Capacity Utilization
*Industrial production (IP) decreased 0.3 percent in October* after
declining 0.5 perc...
1 hour ago
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