What Economists Still Don’t Get About the 2008 Crisis
Business people walk into Tokyo station in Tokyo, Japan. (Photographer: Tomohiro Ohsumi/Bloomberg News)

What Economists Still Don’t Get About the 2008 Crisis

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(Bloomberg Opinion) -- Macroeconomics tends to advance — or, at least, to change — one crisis at a time. The Great Depression discredited the idea that economies were basically self-correcting, and...
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