Lee Ohanian on macroeconomics being caught short by the GFC

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2 thoughts on “Lee Ohanian on macroeconomics being caught short by the GFC

  1. nottrampis

    is this man serious?

    When have we ever go to the zero lower bound in interest rates.

    This was the first time Keynesian economics was applicable in a downturn

    most countries adopting stimulus got their economies working.

    Every country adopting classical economics got for themselves a depression

    Liked by 1 person

    Reply

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