I stand corrected

15th July, 2009. On a day when record unemployment numbers - especially youth unemployment - are announced, it is a relief to hear more voices in support of government action to compensate for private economic failure. As the Duke of URL notes below, Galbraith also understood how to deal with economic failure. Today in the Guardian, the blessed Danny Blanchflower makes a powerful case for a fiscal stimulus. He of course has the record, clout and credibility of one who called the cris

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