Skip to content

It’s Time for Growth Economics – American Spectator

08/06/2011

The ongoing sell-off in financial markets worldwide is a sign that nobody sees anything going on that promises real economic growth. While there is good reason to insist that debt stop growing (and then start shrinking), the sole focus on accounting misses the bigger picture. The bigger picture is that economies won’t grow unless the private sector invests in them, and that the private sector won’t invest if it foresees too little return, or even no real return, on those investments.

Read More at The American Spectator.

Advertisements
No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s