No Return To Normal - the Galbraith article | 96 comments (96 topical, editorial, 0 hidden)

Re: How this relates to Europe (4.00 / 3)

interesting. (sad interesting). Hmm, makes me wonder if there were "Galbraith-ian changes" in the US approach, if it would have an influence in EU approaches?

"Once in awhile we get shown the light, in the strangest of places, if we look at it right" - Hunter/Garcia

by whataboutbob on Fri Mar 20th, 2009 at 06:20:15 AM EST
[ Parent ]

Re: How this relates to Europe (4.00 / 3)

There is a diary to be written about the "Brussels Consensus", by analogy with the "Washington Consensus" said to be behind the IMF's policies in the 1980's and 90's.

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith

by Carrie (migeru at eurotrib dot com) on Fri Mar 20th, 2009 at 06:23:26 AM EST
[ Parent ]

No Return To Normal - the Galbraith article | 96 comments (96 topical, 0 editorial, 0 hidden)

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