Commentaries (some of them cheeky or provocative) on economic topics by Ralph Musgrave. This site is dedicated to Abba Lerner. I disagree with several claims made by Lerner, and made by his intellectual descendants, that is advocates of Modern Monetary Theory (MMT). But I regard MMT on balance as being a breath of fresh air for economics.
Thursday, 25 July 2013
Beware of Greek doctors bearing medicines.
Greece has
an abnormally large number of doctors and an abnormally few nurses. Reason, it
seems, it that there are big bucks to be made by doctors writing out fake
prescriptions. See here.
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