Tuesday, October 26, 2010

Five Zombie Economic Ideas That Refuse to Die - By John Quiggin | Foreign Policy

Five Zombie Economic Ideas That Refuse to Die - By John Quiggin | Foreign Policy

Kia-ora

The ideas that ruined the Western World.

Five Zombie Ideas.


"Trickle-down economics was conclusively refuted by the experience of the postwar economic golden age. During this "Great Compression," massive reductions in inequality brought about by strong unions and progressive taxes coexisted with full employment and sustained economic growth".

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