How Edmund Phelps Got It Wrong On Greek Austerity
In the debate on the Greek crisis, no cliché was too tawdry to be used and no claim too stupid or false to be made
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In the debate on the Greek crisis, no cliché was too tawdry to be used and no claim too stupid or false to be made
As the Euro crisis hit, European policy makers reacted with headless austerity policies and a tightening of the Stability and Growth Pact (SGP). The failure