Godley, Wynne; Izurieta, Alex - In: Moneta e Credito 57 (2004) 226, pp. 151-160
The strategic prospects for the US (or any) economy can be evaluated by reference to the financial balances of its main sectors, which are related to one another by a consistent accounting system. The 1992-2000 expansion, accompanied by a rising budget surplus, was greeted by a storm of...