“We need five years of unemployment above 5 per cent to contain inflation — in other words, we need two years of 7.5 per cent unemployment, or five years of 6 per cent unemployment, or one year of 10 per cent unemployment,” Larry Summers
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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,…