Friday, June 23, 2017

Michael Roberts — Europe’s crisis: the Cluj debate with Mark Blyth


Michael Roberts reports on the debate between Mark Blyth representing the Post Keynesian view and himself representing the Marxist view of the main cause of the Global Financial Crisis that led to the imposition of austerity.

I think this is probably an undecidable argument since such issues have a constellation of causes and identifying all of them and prioritizing them is hampered by lack of agreed upon criteria. So they are probably both correct in claiming that they have identified a significant causal factor among others.

Michael Roberts Blog
Europe’s crisis: the Cluj debate with Mark Blyth
Michael Roberts

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