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Krugman - Debt Reduction = Increased Spending

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  • #76
    Re: Krugman - Debt Reduction = Increased Spending

    Originally posted by Munger View Post
    Chomsky wasn't praising Soviet Russia; he was using it as an example to demonstrate why the questioner's attribution of rising living standards to capitalism was spurious. He did the same with slavery. He was hardly advocating slavery.
    Okay, just skimmed it so my bad.

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