Sunday, October 30, 2011

We're all Keynesians now

From Greg Ransom.

Apparently income - which of course equals expenditure - can shrink to a problematic level at times and the stream of income must be increased.
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1 comment:

  1. Andrew BossieOctober 30, 2011 at 5:11 PM

    What is the Hayekian plan of attack for nominal GDP targeting?

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