Macro Policy

IMF Policy = Neo-Classical, Austerity Oriented = Failure

Austerity Damaged Greece - IMF admits mistake

IMF admits to under-estimating Fiscal Multiplier — Abandoning Keynesian theory is a mistake

IMF Discovers Failure of Neoclassical Economics — Amazing confession of failure by IMF!?

Keynes Versus the IMF — Keynes advocates deficit spending for recession, while IMF imposes austerity. [Early Article on this dilemma]

The Power of Economic Theory: Graphically Illustrated — Post shows how Keynesian theory accompanies prosperity, while Chicago School theories accompany misery for the masses, combined with massive gains for the rich