mplouffe@scholar.social
@mplouffe@scholar.social
Posts
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If you are a Keynesian, or proto-Keynesian then this chart is the key to understanding the continuing flat-lining of the UK economy; the continuing crisis in 'effective demand'. -
If you are a Keynesian, or proto-Keynesian then this chart is the key to understanding the continuing flat-lining of the UK economy; the continuing crisis in 'effective demand'.@ChrisMayLA6
I'm guessing that should be 'costs of living crisis', but I'm pretty sure that goes hand-in-hand with a 'costs of loving crisis'.Meanwhile, Starmer et al. have no idea of how to handle this, apart from more effective austerity.