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Friday, August 21, 2015

Heeding Keynes’ Advice

The German Parliament overwhelmingly approved (453-113, 18 abstentions) the third memorandum for Greece. It is a decision that confirms that Germany has learned the right lessons from history – albeit, unfortunately, only to a certain extent. It does not include, for instance, lessons about the untenable burdens of a heavily-indebted nation. Before further delving into […] The post Heeding Keynes’ Advice appeared first on The National Herald.


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