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Iruzkinak (1)

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  joseba says:

  2016/03/15 at 07:05

  Radical Economic Theory:

  Ignored for Years, a Radical Economic Theory Is Gaining Converts
  http://www.bloomberg.com/news/articles/2016-03-13/ignored-for-years-a-radical-economic-theory-is-gaining-converts

  In an American election season that’s turned into a bonfire of the orthodoxies, one taboo survives pretty much intact: Deficits are dangerous.
  A school of dissident economists wants to toss that one onto the flames, too.
  (…)
  Despite all their innovations, economic recovery remains below par across the industrial world.
  Calls for governments to take over the relief effort are growing louder. Plenty of economists have joined in, and so have top money managers. Bridgewater’s Ray Dalio, head of the world’s biggest hedge fund, and Janus Capital’s Bill Gross say policy makers are cornered and will have to resort to bigger deficits.

  “There’s an acknowledgment, even in the investor community, that monetary policy is kind of running out of ammo,” said Thomas Costerg, economist at Standard Chartered Bank in New York. “The focus is now shifting to fiscal policy.”