Economic Theory
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Olli Rehn, the European Union's top economic policy maker and scourge of debt-fueled budget deficits, is fed up with austerity.
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Olli Rehn, the European Union's top economic policy maker and scourge of debt-fueled budget deficits, is fed up with austerity.
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SAN JOSE, Calif., May 16- One of the most urgent questions in economics today is the connection between inequality and growth. That is because one of the big economic facts of our time is the surge in income disparity, particularly between those at the very top and everyone else.
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April 4- Here is a list of economic questions that have something in common. In a recession, should governments reduce budget deficits or increase them? Do zero percent interest rates stimulate economic recovery or suppress it?
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NEW YORK, Dec 6- Absurd wishful thinking. This is how most finance ministers describe criticism of their tough budget policies designed to control government debt and reduce borrowing.