How big were EU and US fiscal reactions to the 2020 shock? The latest ECB estimates confirm the impression that US discretionary measures were 85% larger. Allowing for automatic stabilizers the gap shrinks to 46%.
ecb.europa.eu/pub/economic-b… https://t.co/b8FR0XApTs
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…