After two hours the answer is, unsurprisingly, unclear. The Social Democrats have turned against their own reforms, denouncing a neoliberal turn towards lower wages and away from social justice. Under the rubric...Economist
But if that comedy wasn’t already comical enough, now welcome none other than Paul Krugman to this stage of open theatrics masquerading as economic data. According to one of Krugman’s latest neoliberal economist tweets, “3-month ‘supercore’ CPI is below Fed’s 2% inflation target,” wh...
This may strike you as incredibly obvious, but if so, you’re probably not an economist. The neoliberal economic project over the past 40 years has been to assert that an economic system that benefits the rich is also the fairest economic system, and that any attempt to intervene to produce...
Chile and Argentina: Chile is the most famous Latin American example of neoliberal reforms. Note how in 1980 they were barely half as rich as their neighbor Argentina, and are now a bit richer. Almost every serious development economist attributes their relative success to their neoliberal reforms...
As the crisis of neoliberal global capitalism unfolds, and as we move to the brink of another economic crisis, global capitalism is once again resorting to authoritarianism and fascism to maintain its power. Basically, exposure to neoliberal ideology increases loneliness and decreases well-being by ...
And for the neoliberalists? Identify and briefly describe the main ideas that Keynesian economics are based on. What is the major problem with using monetary policy to stabilize the economy? Explain the Keynesian concept about the economy. What are the specific and theoretical conclusions and ...
occasionally below 1%. France also had very low unemployment rates during the post-war period. Today, France has an unemployment rate of around 9% before coronavirus. So, France is definitely neoliberal in labour market management (even if there is still strict regulations for people still employe...
So there's this thing called the Socialist Calculation Debate, and in the early 20th century, this is the gotcha of all gotchas, which comes from people like Hayek and later Friedman, the sort of neoliberal school. And they say, “Look, it's all very well, wanting central plannin...
What is the Keynesian's point of view over actual economical situation? And for the neoliberalists? What are the main criticisms of new Keynesian economics? How is the Keynesian expenditure multiplier implicit in the Keynesian version of the AD/AS model? Explain and show mathematically. What is...
Included are the people of Iraq, Afghanistan, Palestine and every nation living under US-imposed neoliberal unfair free-market rules exploiting the many for the interests of a privileged few. Those harmed range from the southern tip of Chile to the vastness of Africa to the Asian continent and...