NEW YORK – I am a macroeconomist, but I dissent from the profession’s two leading camps in the United States: the neo-Keynesians, who focus on boosting aggregate demand, and the supply-siders, who focus on cutting taxes. Both schools have tried and failed to overcome the high-income economies’ persistently weak performance in recent years.
纽约—我是宏观经济学家，但我不同意美国最主要的两个宏观经济学阵营：专注于提振总需求的新凯恩斯主义和专注于减税的供给学派。近几年来，这两个学派试图克服高收入经济体表现持续疲软的问题，但以失败告终。基于可持续投资拉动型增长的新战略是时候粉墨登场了。