Thursday, 18 February 2016

Say it with me now...

Underutilized productive capacity!

(OK, so it's not a great slogan.)

Nonetheless - here's a sharp, intellectually responsible piece on the potential for Bernie Sanders' suite of economic policy proposals to stimulate growth, which makes clear why Gerald Friedman's estimates aren't nearly as insane or magical as so many wonks and pundits seem to believe.

If only we could expect the same from those who disagree - you know, data, analysis, arguments, stuff like that, instead of emotional outbursts and authority-based proclamations.

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