Posts Tagged ‘OECD’

World finance ministers complacent at threat of a synchronised downturn

by Ann Pettifor.

“For the proposition that supply creates its own demand, I shall substitute the proposition that expenditure creates its own income”  (JM Keynes Collected Writings, Volume  XXIX,  p81) G20 Finance Ministers met in Huangzhou, China recently and refused appeals from both the IMF and the OECD for “urgent collective policy action” that focussed “fiscal policies on investment-led […]

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