Bubbles, Regulation, and Secular Stagnation

Looking at current macroeconomic policy, the obvious question is, stupid or evil? And the obvious answer is, why do we have to choose? But it is, I think worthwhile – or at any rate soothing – to think about the longer-term future for monetary and fiscal policy. I recently talked about some of th…

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Bubbles, Regulation, and Secular Stagnation

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