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Past annual conferences of the American Economics Association have had some dominant themes: rising inequality, slowing productivity and secular stagnation. But in 2018 and in the 2019 conferences, the focus switched – at least among the mainstream economic stream that overwhelmingly dominate ASSA – to whether there will be a new recession in the US and globally, which could be perhaps triggered by a trade war between the US and its main economic rival China. At ASSA 2019, the big issue was whether mainstream economics had learnt the right lessons from the debacle of the Great Recession; and what monetary and fiscal policies of stimulus are best to avoid another slump or at least get out of one quickly?
full: https://thenextrecession.wordpress.com/2019/01/07/assa-2019-part-one-the-mainstream-avoiding-recessions/
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