Economics5 May 15<5 May 15 Is the Keynesian multiplier a real thing? by Dr Frank Shostak It is accepted by most economists that initial increases in consumer or other outlays tend to set in motion a reinforcing process which supposedly…
Money5 May 15<5 May 15 Why deflation is unlikely by Alasdair Macleod Financial markets are becoming aware that the US economy is stalling, so investors increasingly take the view that with demand likely to stagnate or…