Fiscal activism and deficits have been the common denominator of the response to corona. BUT it is important to acknowledge uniquely large surge in US.
US new debt in 2020 = same as all other big AE plus China! Great chart from Louis Gave of @Gavekal https://t.co/FH81JIcJEj
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,…