World Economic Review No 7, July 2016 – Worldwide Fiscal Crisis: Fact or Fiction? [MMT]

World Economic Review

WER No 7, July 2016 – Worldwide Fiscal Crisis: Fact or Fiction?

Worldwide Fiscal Crisis: Fact or Fiction? John T. Harvey	1 – 2
Taxes are for Redemption, Not Spending L. Randall Wray	3 – 11
The Debt Ratio and Sustainable Macroeconomic Policy Scott T. Fullwiler	12 – 42
Eurozone Groupthink and Denial on a Grand Scale William Mitchell	43 – 55
Austerity in Mexico: Economic Impacts and Unpleasant Choices Ahead Juan Carlos Moreno-Brid, Noel Pérez-Benítez, Héctor J. Villarreal	56 – 68