Ordo-liberals like German Finance Minister Wolfgang Schauble insist that enforcing contracts is essential to capitalism, and when applied to financial contracts that means that debt forgiveness is out of the question. They also insist that a prudent government at least runs a balanced budget, and preferably a surplus. However it is easy to show that ...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
New Economics Foundation writes Is the Labour government delivering on its promises?
John Quiggin writes Dispensing with the US-centric financial system
New Economics Foundation writes Whose growth is it anyway?
Matias Vernengo writes What is heterodox economics?
|