3 ms·
Somewhat tangentially, I wonder if the kind of misrepresentation* present in this article is going to get better or worse in the future. The fact that, in a lo
by lucozade 10y ago
Somewhat tangentially, I wonder if the kind of misrepresentation* present in this article is going to get better or worse in the future.
The fact that, in a lot of cases, it's trivial to go read the source [0] makes me feel that it should dwindle. However, it seems that, with the substantial increase in content available, having more strident views is required to be heard.
* by misrepresentation I mean that the article was by no means a denial of "neo-liberalism". It was generally very positive about free market economics but looked at 2 niche areas and concluded that 1) short term capital controls may sometimes be worth doing and 2) deficit reduction isn't that valuable in very prosperous countries but is in weaker economies. Not quite what Mr Chakrabortty said it said.
[0] http://www.imf.org/external/pubs/ft/fandd/2016/06/ostry.htm http://www.imf.org/external/pubs/ft/fandd/2016/06/ostry.htm