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Clive Crook: The Case Against Secular Stagnation
In his excellent new blog, former Federal Reserve chairman Ben Bernanke argues against the view that the economy is caught in a trap of persistently slow growth -- "secular stagnation." He discusses a paper by James D. Hamilton, Ethan S. Harris, Jan Hatzius and Kenneth D. West, which anybody interested in the subject should read. It's the
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Posted: April 15, 2015 Wednesday 12:00 PM