Government Intervention
5 Threads
1/5 For those who think that China's rapid development in the 1990s and 2000s was driven mainly by the unleashing of the private sector, and not by active government intervention,...
1/3 "To cope with the downward pressure on the economy, a proactive fiscal policy should stimulate effective investment. Local governmentsโ new special bonds have played a vital ro...
The neoliberals taught us three things: governments are incompetent, markets are inefficient, and the commons are tragic. And yet... Our @polycrisis panel video & transcript will...
The Fed stepped in to stop a bank run. But did it just restart QE Infinity and set the stage for much larger problems down the road? Letโs take a look ๐งต
Economists believe that with some sectors or services, there is what's called a "market failure". This thread describes market failure as well as any textbook. #Thread https://t....
