{"id":3330,"date":"2012-01-19T11:18:59","date_gmt":"2012-01-19T16:18:59","guid":{"rendered":"http:\/\/www.multiplier-effect.org\/?p=3330"},"modified":"2012-01-19T11:24:13","modified_gmt":"2012-01-19T16:24:13","slug":"who-benefits-from-failed-eurozone-policies","status":"publish","type":"post","link":"https:\/\/blogs.bard.edu\/multiplier-effect\/who-benefits-from-failed-eurozone-policies\/","title":{"rendered":"Who Benefits from Failed Eurozone Policies?"},"content":{"rendered":"<p>As a counterpoint to the last post on the curious dominance of conservative macro policy ideas in Europe, here is Mat\u00edas Vernengo getting into the political economy of who benefits from these failed policies and why there seems to be no sense of urgency around the fact that the real economy is broken:<\/p>\n<p><object style=\"height: 273px; width: 448px;\" width=\"480\" height=\"270\" classid=\"clsid:d27cdb6e-ae6d-11cf-96b8-444553540000\" codebase=\"http:\/\/download.macromedia.com\/pub\/shockwave\/cabs\/flash\/swflash.cab#version=6,0,40,0\"><param name=\"allowFullScreen\" value=\"true\" \/><param name=\"allowScriptAccess\" value=\"always\" \/><param name=\"src\" value=\"http:\/\/www.youtube.com\/v\/yyw8cNCaykM?version=3&amp;feature=player_detailpage&amp;start=266\" \/><param name=\"allowfullscreen\" value=\"true\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><\/object><\/p>\n<p>(This is from a Real News Network <a href=\"http:\/\/www.youtube.com\/watch?v=yyw8cNCaykM\">interview<\/a> from December, originally highlighted at <a href=\"http:\/\/triplecrisis.com\/\">TripleCrisis<\/a>)<\/p>\n<p>Also check out Vernengo&#8217;s <a href=\"http:\/\/www.levyinstitute.org\/publications\/?docid=1473\">recently released working paper<\/a>.\u00a0 Vernengo and his coauthor, P\u00e9rez-Caldentey, give a post-Keynesian interpretation of the eurozone crisis that places financial deregulation and the core-periphery imbalances that are inherent in the euro model at center stage.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As a counterpoint to the last post on the curious dominance of conservative macro policy ideas in Europe, here is Mat\u00edas Vernengo getting into the political economy of who benefits from these failed policies and why there seems to be no sense of urgency around the fact that the real economy is broken: (This is [&hellip;]<\/p>\n","protected":false},"author":202,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,8,49],"tags":[141,175,31,149,174],"class_list":["post-3330","post","type-post","status-publish","format-standard","hentry","category-eurozone-crisis","category-financial-crisis","category-fiscal-policy","tag-austerity","tag-deregulation","tag-eurozone","tag-fiscal-compact","tag-political-economy"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts\/3330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/users\/202"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/comments?post=3330"}],"version-history":[{"count":18,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts\/3330\/revisions"}],"predecessor-version":[{"id":3349,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts\/3330\/revisions\/3349"}],"wp:attachment":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/media?parent=3330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/categories?post=3330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/tags?post=3330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}