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13min chapter
Economic Snapshots Of History Through Icons With Laurence Leamer
Economics Matters with Laurence Kotlikoff
Manufacturing Decline and Economic Fragility
The chapter delves into the historical evolution of job losses in the manufacturing sector during recessions, emphasizing a shift from short-term recoveries to long-term declines. It explores the diminishing role of manufacturing in driving economic downturns and discusses the fragility of the banking system, highlighting risks of potential financial crises.
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