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Our way out of worldwide recession


From The Economist, Leviathan stirs again: The return of big government means that policymakers must grapple again with some basic questions — they are now even harder to answer; and the world’s big economies were all hit by the recession — now the field is spreading (and more); and the Great Stabilisation: The recession was less calamitous than many feared; its aftermath will be more dangerous than many expect. The Global Debt Bomb: Spending our way out of worldwide recession will take years to pay back — and create a lot of pain. Global super-rich no longer look so benign: The crisis and recession have made the gap between the plutocracy and the rest of us a pressing political issue. A review of Misadventures of the Most Favored Nations: Clashing Egos, Inflated Ambitions, and the Great Shambles of the World Trade

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