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Dr. Draghi Prescribes a Dose of Deflation for Spain as his latest Quack Cure

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We know why the "there is no alternative" (TINA) chorus is desperate to avoid discussing the obvious, long-proven alternative to failed austerity.  What is incomprehensible is why U.S. financial journalists continue to parrot the troika-trolls and TINA-twits without even approaching the degree of critical thinking and knowledge about the economy that our freshmen undergraduate students are required to display to succeed in their first test in their first course in macroeconomics.

UMKC's offer still stands.  We'll hold a free two-day seminar for a group of journalists who want to learn the basics of macroeconomics and critical thinking necessary to write in this field.

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William K Black , J.D., Ph.D. is Associate Professor of Law and Economics at the University of Missouri-Kansas City. Bill Black has testified before the Senate Agricultural Committee on the regulation of financial derivatives and House (more...)
 

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From where do the austerity ideologues draw their ... by Daniel Vasey on Wednesday, Apr 2, 2014 at 4:46:50 PM
That's easy: the banks.  Draghi is an ex-Gold... by Scott Baker on Wednesday, Apr 2, 2014 at 5:41:25 PM