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An Unusual History: A Conversation Between Two Economists About the Economics Department at the University of Chicago

5/2/2021 An Unusual History: A Conversation Between Two Economists About the Economics Department at the University of Chicago Breaking News Editor’s note [ProMarket]: The current debate in economics seems to lack a historical perspective. To try to address this deficiency, we decided to launch a Sunday column on ProMarket focusing on the historical dimension of economic ideas. You can read all of the pieces in the series here.   housands of pages have been written about the ...
University Of Chicago United States Stanley Reiter D Gale Johnson Arnoldc Harberger Sebastian Edwards

Modern Monetary Theory Meets Greece and Chicago

During the fall of 2009, George Papandreou headed the ticket of the Panhellenic Socialist Movement, known by its acronym PASOK, against the then‐​governing conservative party, New Democracy, in the Greek national elections. Papandreou ran on a platform that featured highly expansive fiscal spending. During a press conference on September 13, 2009, he was asked where he would find the money to fund his party’s spending proposals. His answer was that given in the above quotation, by which...
New York United States University Of Chicago United Kingdom Andreas Papandreou Deutsche Mark
Source: cato.org

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