Read with Bruegel: The Crisis of Democratic Capitalism
The Sound of Economics
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The Importance of a Biobigorous Economy
In the 1950s, it was pretty obvious what we needed to do. Run a full employment economy and provide a well-functioning welfare state. I think it's very difficult to do this, but we've got to try it. But for a whole host of reasons which I discuss and depress me as much as they probably depress you, all this is pretty hard now. And I don't believe anyone else has a magic one either including Thomas Piketty.
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