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Sunday, January 14, 2018

Ready or Not for the Next Recession? by Barry Eichengreen - Project Syndicate

Ready or Not for the Next Recession? by Barry Eichengreen - Project Syndicate: Policymakers normally respond to recessions by cutting interest rates, reducing taxes, and boosting transfers to the unemployed and other casualties of the downturn. But, for a combination of economic and political reasons, the US, in particular, is singularly ill-prepared to respond normally.

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