Economic doctrines, like the Modern Monetary Theory, which are quite popular, especially in times of crisis and recovery, can illuminate these issues further.In the midst of World War 2, British economist John Maynard Keynes once said: "Anything we can actually do we can afford."And, in his important book, How To Pay For The War, Keynes noted: "Coming up with the money is the easy part. The real challenge lies in managing your available resources — labour, equipment, technology, natural resources, and so on — so that inflation does not accelerate."In other words, the real question here is to agree on what we want to do and to figure out how best to do it. Keynes was right to argue that the real limit to public spending is inflation....The New Strait Times (Malaysia)Bringing back GST is
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Economic doctrines, like the Modern Monetary Theory, which are quite popular, especially in times of crisis and recovery, can illuminate these issues further.The New Strait Times (Malaysia)In the midst of World War 2, British economist John Maynard Keynes once said: "Anything we can actually do we can afford."
And, in his important book, How To Pay For The War, Keynes noted: "Coming up with the money is the easy part. The real challenge lies in managing your available resources — labour, equipment, technology, natural resources, and so on — so that inflation does not accelerate."
In other words, the real question here is to agree on what we want to do and to figure out how best to do it. Keynes was right to argue that the real limit to public spending is inflation....
Bringing back GST is the right move
Dr. Irwan Shah Zainal Abidin | associate professor at the School of Economics, Finance and Banking, Universiti Utara, Malaysia
https://www.nst.com.my/opinion/columnists/2022/06/802841/bringing-back-gst-right-move