IMF demonstrates mainstream economics has ossified but remains dominant

Created
Mon, 17/04/2023 - 13:04
Updated
Mon, 17/04/2023 - 13:04
Last week (April 11, 2023), the IMF released their half-yearly update – World Economic Outlook: A Rocky Recovery, April 2023 – which excited the headlines in the media with predictions of gloom and calls for fiscal austerity and more interest rate hikes. The only good thing about these reports every six months is the accompanying…