Hi Robert:
Who claimed that, and for what period? My understanding is that most people simply ignore the existence of functional finance, so it's hardly blamed for anything.
Best,
Matias
Matías Vernengo
Associate Professor
University of Utah
260 Central Campus Drive, Room 371
Salt Lake City, UT 84112
(801) 349-9462
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From: Societies for the History of Economics [[log in to unmask]] On Behalf Of Robert Leeson [[log in to unmask]]
Sent: Sunday, August 14, 2011 7:36 PM
To: [log in to unmask]
Subject: [SHOE] functional finance
Has anyone (or will anyone) defend Abba Lerner against the charge that "functional finance" has led to dysfunctional deficits?
Robert Leeson