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{ Tag Archives } Private sector

Budget 2009 Redux?

Gerard thinks there will be another budget in early-to-mid 2009 to cope with the worsening economic downturn. I’ve got to agree with him, and I’ve got to say he’s mostly right. Essentially the pension provisions for public sector workers are very high and represent a significant premium over those benefits enjoyed by workers in the [...]

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Notes to Self: Blanchard on the Future of Macroeconomics

Olivier Blanchard of MIT is one of the top macroeconomists in the world. When he write articles like this, it’s worth your time reading what he thinks.
Or, you could read what I think he thinks. Which may save time.
My summary. Macroeconomics is the study of fluctuations. Since the 1970’s there have been three approaches to [...]

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