Summary:
Often, I hear economists saying that they never realized that adjustment in the Eurozone would come via lower wages.... econoblog 101“The fourth instrument” – Frits Bolkestein on the how to cope with economic crisis in the EurozoneDirk Ehnts | Lecturer at Bard College Berlin
Topics:
Mike Norman considers the following as important: wage and price flexibility
This could be interesting, too:
Often, I hear economists saying that they never realized that adjustment in the Eurozone would come via lower wages.... econoblog 101“The fourth instrument” – Frits Bolkestein on the how to cope with economic crisis in the EurozoneDirk Ehnts | Lecturer at Bard College Berlin
Topics:
Mike Norman considers the following as important: wage and price flexibility
This could be interesting, too:
Lord Keynes writes Keynes rejected Wage and Price Flexibility as the Path to Full Employment even in Theory
Often, I hear economists saying that they never realized that adjustment in the Eurozone would come via lower wages....econoblog 101
“The fourth instrument” – Frits Bolkestein on the how to cope with economic crisis in the Eurozone
Dirk Ehnts | Lecturer at Bard College Berlin