Tagged with: structural reform
suhasinisakhare.com
This is a seed post to a series that I propose to run. So far, we've discussed how the American economy faces the need to implement structural reform. We've seen how structural reform in America remains tied to growth, to employment and to the overall health of that economy. Gordon Brown, UK's former Prime Minister, has recently appeared in a few interviews, to popularize his forthcoming book. He...
suhasinisakhare.com
Paul Krugman has written an analytical article in the New York Times on November 7, criticizing the spirit behind the latest round of easing by the Fed, dubbed QE II. Krugman has been in favor of QE II, in fact, he has strongly advocated the stronger measure of Stimulus II. QE, or quantitative easing, is when the central bank pumps in money into the economy. This money then gets pumped on forward...
suhasinisakhare.com
Dean Baker (Respect), writes in The Guardian today that the argument noting structural unemployment as the basis of the continuing recession, is faulty . He argues that this argument comes around every recession. Further, if there really were jobs, and no skilled employees to fill the jobs, wages would have risen selectively higher. This time though, the argument for structural reforms is valid....
1 year ago
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