#Econ#BadScienceBadPolicyBadPeople
— E.K-H (@AXECorg) June 16, 2021
There is NO “Sparsamkeit der Staaten”. The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit. So, overall growing #PublicDebt is the life elixir of #LateCapitalism.
Links on Austerityhttps://t.co/nsoHK9Oalh
For more about Austerity see AXECquery.
For more about Peter Bofinger see AXECquery.