Tag Archives: growth

The power of myth in economic policymaking: New IMF research debunks dogma

Published on Oxfam America’s Politics of Poverty blog

Is there an ideological sea change occurring at the International Monetary Fund when it comes to redistribution, inequality, and economic growth?

Here are three dangerous economic myths about the world in which we live:

#1  The Rich-Drive-The-Economy Myth: Taxing the rich to give to the poor hurts the economy because it stifles economic growth.

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