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Five questions to Paul Krugman, Mark Thoma, Jamie Galbraith et al. on economic policy
Answers to the the following questions are requested from:
- Paul Krugman, Princeton University, New York Times,
- Mark Thoma, University of Oregon
- Jamie Galbraith, University of Texas
- L. Randall Wray, University of Missouri-Kansas City
- Brad Delong, University of California, Berkeley, and research associate of the National Bureau of Economic Research.
- Larry Summers, Director of the White House National Economic Council
- Any other economist who wishes to chime in…
- What is the connection between the recent food riots in Mozambique and Western governments’ policies to inflate prices?
- What is the connection between US government inflation policies and increasing imports from China and Germany?
- With American companies sitting on an estimated trillion dollars or more in excess idle capital, why is the Federal Reserve Bank maintaining a low interest environment?
- Why isn’t a two percent annual inflation target the same as an across the board 2 percent annual cut in wages?
- What is the difference between twenty percent unemployment and a twenty percent reduction in hours of work?