Growing out of inflation: a new supply-side policy

[Celerity]

3. No, that is the old US RW 'supply-side economics' theories based off the Laffler curve, and

postulates economic growth can be most effectively fostered by lowering taxes, decreasing regulation, and allowing free trade.

The American RW economists wanted and still want to shrink government to a skeletal level, and get it out of regulating business as much as possible. They see the state as the enemy.


This article is a complexly different beast. Social Europe is centre left to left academic discussion website.

They would never advocate for a RW economic policy. I myself would never post any RW economic theories here, as I hold them to be completely antithetical to my own economic constructs. (I am a firm believer in the Nordic model, with a vibrant, robust but very well regulated capitalist sector working synergistically with an expansive social welfare state. I am a member of the Swedish Social Democratic Party ie Socialdemokraterna. Social democrats are NOT, I repeat, not socialist at all btw, the conflation of the two (especially the misuse of the 'democratic socialist' label by some) in the US drives me bonkers.

This article sees the role of government as absolutely essential, and posits that social outcomes are also foundational.

look at the 2nd paragraph



also further down.