Sharing is Caring!

Share on facebook
Share on twitter
Share on pinterest
Share on linkedin
Share on vk
Share on email

Rathin Roy

Several economists have not too long ago argued for rising public expenditure, by way of deficit financing, to handle the present growth slowdown. This argument rests on the premise that elevated authorities spending would improve buying energy in the fingers of shoppers and companies and, thereby, enhance combination demand to bolster growth.

I wish to unpack the analytics of this argument. For those that contemplate the present slowdown to be “cyclical” (I don’t), that is an apparent textbook prescription — spend extra throughout downturns, much less throughout upturns. This …

Leave a Reply


To Comment.

Login to follow creators & categories, to create posts, to comment on posts.

Log In

Forgot password?

Don't have an account? Register

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

To use social login you have to agree with the storage and handling of your data by this website. %privacy_policy%

Add to Collection

No Collections

Here you'll find all collections you've created before.

Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on whatsapp
Share on email

Create Account

Create Account & Share posts like videos, audios or writings here with the world.
It's free