The fiscal deficits that the EU member states ran in 2020 are large but fully appropriate. NOT obvious why a 2.5% fiscal tightening is what is called for in 2021! In agreement with @ErikFossing on this.
@edbrophy
ecb.europa.eu/pub/economic-b… https://t.co/f32qiEInzl
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,…