Supply-side Economics Explained Paul Craig Roberts What is Supply-side economics? There are various ways, if speaking to economists, to introduce Supply-side economics. One is that Supply-side economics introduces the second blade of the scissors into macroeconomics that the famous British economist Alfred Marshall introduced into microeconomics. In Marshall’s time, economists argued whether price was determined by the cost of production or by what people were...
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The Triumph of Evil
The Triumph of Evil Paul Craig Roberts Today (April 17) I heard a NPR “news” report that described the democratically