Why We Need a New Macroeconomics

Since the 2008 financial crash, our country has been reeling without getting its economic policy right. What we needed then, and need now, is a new kind of macroeconomics; one that aims for investment-led growth, not consumption-led growth. But investment-led growth can’t be achieved by a temporary stimulus. It requires a very different kind of [...]
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Published on November 18, 2013 12:59
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Jeffrey D. Sachs's Blog

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