Even this, which is the reality of it plus some hefty price gouging from our oligopolistic lords, has been a marginal position among economists. Larry Summers still out at his vacation home telling CNN that unemployment must rise and pay must stagnate for the god of capital to be satiated.
Even this, which is the reality of it plus some hefty price gouging from our oligopolistic lords, has been a marginal position among economists. Larry Summers still out at his vacation home telling CNN that unemployment must rise and pay must stagnate for the god of capital to be satiated.