Tag Archives: Economics

Broken leg or heart attack? Cable and Koo on the state of the economy

During a balance sheet recession, the problems resulting from too little fiscal stimulus are far more serious than those caused by too much. The latter are similar to walking with a cane even after a broken leg has healed; the former to walking, or even running, when the bone has yet to mend

more …

Posted in Blog, Economy | Tagged , , , | 1 Comment