Introduction to Post-Keynesian Economics (@economicreader) 's Twitter Profile
Introduction to Post-Keynesian Economics

@economicreader

... Money exists not by nature but by law. Aristotle (Ethics, 1133).

Politics determines the framework of economic activity. Robert Gilpin

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calendar_today23-04-2016 20:05:24

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Introduction to Post-Keynesian Economics
@economicreader

15 days ago

I hate to break it to you guys but surplus countries have no bargaining power in a trade war. The most vivid lesson of this is Japan in the 80s and the US in the 30s. They should've rebalanced their economies much earlier. It's the real lesson for the EU and now this. Good luck!