by Summary:
There is a psychological bias to believe that exceptional events eventually give way to a return to “normal times.” But the world economy is far from a return to pre-2008 normality, with most of the obstacles to more robust recovery to be found on the demand side. Project Syndicate The Normalization DelusionAdair Turner
Topics:
Mike Norman considers the following as important: Effective Demand, fiscal policy, general equilibrium, Monetary Policy, normality
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There is a psychological bias to believe that exceptional events eventually give way to a return to “normal times.” But the world economy is far from a return to pre-2008 normality, with most of the obstacles to more robust recovery to be found on the demand side. Project Syndicate The Normalization DelusionAdair Turner
Topics:
Mike Norman considers the following as important: Effective Demand, fiscal policy, general equilibrium, Monetary Policy, normality
This could be interesting, too:
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Hasan Cömert & T. Sabri Öncü writes Monetary Policy Debates in the Age of Deglobalisation: the Turkish Experiment – III
Hasan Cömert & T. Sabri Öncü writes Monetary Policy Debates in the Age of Deglobalisation: the Turkish Experiment – III
There is a psychological bias to believe that exceptional events eventually give way to a return to “normal times.” But the world economy is far from a return to pre-2008 normality, with most of the obstacles to more robust recovery to be found on the demand side.Project Syndicate
The Normalization Delusion
Adair Turner
Adair Turner