Andrea Terzi schools European Commissioner for Economic and Monetary Affairs Olli Rehn on saving and the paradox of thrift. Another case of a prominent economist either unaware of Keynes or ignoring him.
Mepoc
Olli Rehn and ‘distinguished’ economists
Andrea Terzi | Professor of Economics at Franklin College and he is the coordinator of the Mecpoc project that promotes and encourages education and research in new concepts and methods of economic policy analysis
1 comment:
For things to appear to stay the same, EVERYTHING under the surface must constantly change. It’s called the evolution of ongoing operations.
Isolated policy “experts” like Olli Rehn simply prove – yet again – that we never want risk managers in policy positions requiring aggressive and innovative leadership, and above all else, constant innovation!
Lawyers and accountants and bankers are the last people we should ever have as public policy staff.
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