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Billions of pounds of QE unlikely to cause inflation--IMF
A preview of likely future research findings by the IMF:
Increasing the minimum wage does not increase unemployment.Increasing taxes does not reduce capital accumulation.More regulation of business actually reduces business costs.Nationalized industries produce higher quality goods.
What the IMF would have us believe
ReplyDeleteby Patrick Barron:
"Billions of pounds of QE unlikely
to cause inflation--IMF"
"A preview of likely future
research findings by the IMF:
Increasing the minimum wage
does not increase unemployment.
Increasing taxes does not
reduce capital accumulation.
More regulation of business
actually reduces business costs.
Nationalized industries produce
higher quality goods."
--------------- // ---------------------
What a post by academic economist.
Worse than our local copy of
the Socialist Daily Worker.
Headlines with no supporting
facts, no good reasons to
believe statements.
Times have changed. 50 years
ago, I was required to support
statements with facts or good
reasoning. Here we have teacher
of economics posting unsubstantiated
critiques. Where is proof or
good reasons?
This style may be acceptable
to Marxists, but there are a
few of us who want professional
and supported by facts writings
and postulations.
And where are APA citations?
Is this really accepted in
classrooms today? By all
teachers of economics?
Ed Kroposki
Greenville, SC, USA
Ed, of course these are all false statements. Do you really need a proof?
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