Fiscal contractions to reduce deficits can only slow down therecovery: Richard Layard explains the manifesto for economic sense
Layard, R.
(2012).
Fiscal contractions to reduce deficits can only slow down therecovery: Richard Layard explains the manifesto for economic sense.
(2012).
Fiscal contractions to reduce deficits can only slow down therecovery: Richard Layard explains the manifesto for economic sense.
Richard Layard discusses his ‘Manifesto for Economic Sense’, co-authored with with Paul Krugman, which argues that fiscal deficits are due to stagnation, and that further austerity to reduce deficits will only slow down the recovery.