This site is for archive purposes. Please visit www.eliamep.gr for latest updates
Go to Top

The Eurozone: Deflationary Boom Or Deflationary Bust?

Weeks, John, (2015), “The Eurozone: Deflationary Boom Or Deflationary Bust?”, Social Europe Journal, 6 Νοεμβρίου.

Several years ago the idea that fiscal austerity could induce growth, “expansionary austerity”, had a brief flowering before withering under the heat of ridicule. Recently it resurfaced under a different name, “deflationary boom”. If expansionary austerity was oxymoronic, deflationary boom is simply moronic.

Σχετικές Αναρτήσεις