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Here’s a realistic plan to jumpstart US growth

Two MIT economists have come out with a big, bold plan for reviving US economic growth. Done right, it just might work. Slowing growth creates a lot of problems. It engenders despair by making people less likely to be richer than their parents. It might exacerbate wealth inequality. It creates a zero-sum world where people must fight over a smaller ...

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Federal Reserve, ECB bending to markets

Fearing market disruptions, both the European Central Bank (ECB) and the Federal Reserve will most likely take more stimulus measures this month regardless of what their analyses tell them about the potential impact on the economy and financial assets. That has implications for both future economic prosperity and medium-term financial stability, and it adds to the to-do list for policy makers ...

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Populist risk shown in Australia-Argentina economic split

Looking at the way major economies in recent years have managed to combine chaotic politics with decent growth, it’s tempting to wonder whether we’re all making too much fuss about the behavior of the people in power. In the US, President Donald Trump has joked about becoming president for life, toyed with overturning the constitution by executive fiat, and used ...

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