Update on fundamental economics >> Dr. Koo on YouTube
1 view
Skip to first unread message
Occupy Security
Jun 17, 2012, 1:34:14 PM6/17/12
to non-vio...@googlegroups.com
This presentation is from Richard Koo, Chief Economist, Nomura Research Institute at the Closing
Panel entitled "Overhangs, Uncertainty and Political Order: Where Do We
Go From Here?" at the Institute for New Economic Thinking's (INET)
Paradigm Lost Conference in Berlin. April 14, 2012.
Republican ideology-driven economic policy could not be less productive. This approach from Koo is about line-for-line what we're getting from the Obama White House.
http://www.youtube.com/watch?v=DFxWCyHRD1I
Exhibit 7. -- despite massive injection of capital to banks, investment-driven employment did nothing.
Every Exhibit is worth attention. Koo's logic for the EU crisis today -- also critical.
The likely alternative to this Koo/Obama approach if we do not finish off the right wingers ??? The sharpest historical example was Hoover/Mellon from 1930-1932. But Romney has been talking this up in his stump speech. "Fallacy of composition" mapped without limit into broad Federal fiscal policies.
Yes, we would be kicked into a Depression. Those who want an all-out American dictatorship could get their chance.
Republican ideology-driven economic policy could not be less productive. This approach from Koo is about line-for-line what we're getting from the Obama White House.
http://www.youtube.com/watch?v=DFxWCyHRD1I
Exhibit 7. -- despite massive injection of capital to banks, investment-driven employment did nothing.
Every Exhibit is worth attention. Koo's logic for the EU crisis today -- also critical.
The likely alternative to this Koo/Obama approach if we do not finish off the right wingers ??? The sharpest historical example was Hoover/Mellon from 1930-1932. But Romney has been talking this up in his stump speech. "Fallacy of composition" mapped without limit into broad Federal fiscal policies.
Yes, we would be kicked into a Depression. Those who want an all-out American dictatorship could get their chance.
Reply all
Reply to author
Forward
0 new messages