Spend and Borrow: Economists Are Wrong Again

{ Posted on Nov 22 2009 by Economics - Today's Popular Articles at http://www.inveslogic.com }
As if they didn't cause enough damage by espousing theories that failed to account for the inefficiencies and irrationalities of the real world, many economists are advocating aggressive spend-and-borrow policies to revive the financial crisis-hit U....

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