The US economy: weaknesses of the "strong" recovery

Macroeconomic analysis is facilitated if the main income and expenditure variables which make up the GDP are arranged in a double entry format so that they can all be seen as transactions involving at least two parties. Such a framework shows how the gap between each sector’s receipts and outlays im...

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Bibliographic Details
Main Authors: Wynne Godley, Alex Izurieta
Format: Article
Language:English
Published: Associazione Economia civile 2009-12-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/9444