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Yes, it’s the economy, stupid, but is it demand or supply? CEPS Commentary, 24 January 2014

De Grauwe, Paul. (2014) Yes, it’s the economy, stupid, but is it demand or supply? CEPS Commentary, 24 January 2014. [Policy Paper]

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    Abstract

    Paul De Grauwe writes in this new CEPS Commentary that the recent and surprising conversion of François Hollande to supply-side economics completes the victory of the northern European policy-makers who believe that insufficient aggregate demand should be fought exclusively by supply-side measures. In his view, however, it is not the first time in post-war history that economists and policy-makers apply the wrong medicine; or to put it differently, it's akin to some generals who fight a new war by applying the strategies developed for the previous war.

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    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > economic and financial affairs > economic policy
    EU policies and themes > Policies & related activities > economic and financial affairs > financial crisis 2008-on/reforms/economic governance
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Commentaries
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 29 Jan 2014 09:56
    Number of Pages: 4
    Last Modified: 29 Jan 2014 09:56
    URI: http://aei.pitt.edu/id/eprint/47318

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