“the standard of living of the average American has to decline.”¹
Did Volcker really say that in Oct 1979? No. What Volcker was saying was that productivity and declined. Great exegesis by @_TimBarker More on unions would have been even better.
medium.com/@timbarker_209… https://t.co/nK30KMW92y
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…