The Spectre of the Thirties*

Jul 7th 2015, Prabhat Patnaik
The world economy today is reminiscent of the 1930s where competitive easing of monetary policy is not boosting aggregate demand and fiscal policy is barred by finance capital.

*
This article was originally published in the People’s Democracy, Vol. XXXIX No. 26, July 05, 2015.


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