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Thursday, March 8, 2012

Keynes Was Right - Tell The Greeks!

The great brains of the European Union keep rubbing the noses of southern Europe in austerity, totally unaware that in recessionary times stimulus is the proper antidote.  The Greeks are getting hit especially hard.  They should remember Pericles and follow his example.

http://www.nytimes.com/2012/03/08/opinion/kristof-in-athens-austeritys-ugliness.html?_r=1&ref=opinion

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