Bericht

The return of big government: Policy advice for President Obama

In the current global financial crisis, economists and policymakers have reembraced Big Government as a means of preventing the reoccurrence of a debt-deflation depression. The danger, however, is that policy may not downsize finance and replace money manager capitalism. According to Senior Scholar L. Randall Wray, we need a permanently larger fiscal presence, with more public services. His advice to President Obama is to discard all of former Treasury Secretary Paulson's actions. Wray believes that we can afford any necessary spending and bailouts, and that these actions will not burden our grandchildren.

Sprache
Englisch
ISBN
978-1-931493-84-0

Erschienen in
Series: Public Policy Brief ; No. 99

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Wray, L. Randall
Ereignis
Veröffentlichung
(wer)
Levy Economics Institute of Bard College
(wo)
Annandale-on-Hudson, NY
(wann)
2009

Handle
Letzte Aktualisierung
12.07.2024, 13:20 MESZ

Objekttyp

  • Bericht

Beteiligte

  • Wray, L. Randall
  • Levy Economics Institute of Bard College

Entstanden

  • 2009

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