What are the best economic policies to promote global recovery?In the first letter of our Elgar Debates series, Steve Kates presented the Free Market view of the current economic crisis. In this second letter Louis-Philippe Rochon gives his reply, setting out what he sees as the problems with reliance on the market and suggesting four practical steps to promote economic recovery.[…]
Reliance on International Aid for education in developing countries often leads to corruption and mismanagement that undermines the very purpose for which the aid was given. But it does not have to be this way. Dr Pauline Dixon, Reader in International Development and Education at Newcastle University, argues for a market-orientated model that would better serve those who need it most.
How can we return the economy from the midst of recession to rapid rates of growth? Steven Kates explains why adopting Kenynesian policy is doomed to failure, and instead advocates classical theory based on a proper understanding of Say’s Law.
November 20, 2014
2 Comments