Just read this from Emily Stewart at Vox this morning … looks like somebody has read June post, “The Growth Game”! Check it out here (always good to see supporting evidence).
Since the Club of Rome’s 1972 report Limits to Growth we have seen both decline and resurgence of its conclusions — what comes next in macroeconomic analysis?
Macroeconomics deals with the “big” issues of economic policy, but isn’t it all just built on a house of cards? Too abstract to have real meaning?
Read, and absorb message. Some facts a little questionable, but thrust remains on target. The future belongs to the left!
Old piece from Bloomberg, but needs to be recycled — if I’ve said it once, I can say it again: it’s all about demand — increase demand, you get economic growth!