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"Should Governments run Deficits? a Minsky Model" < States aren't households. debtdeflation.com/blogs/2014/05/03/should-governments-run-deficits-a-minsky-model/ /by @ProfSteveKeen
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So when (right-wing, mostly) politicians demand that government "balance the books", be very very skeptical. @ProfSteveKeen