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The Spectre of the Thirties

Prabhat Patnaik
Tuesday 07 July, 2015  

The world economy today is reminiscent of the 1930s where competitive easing of monetary policy is not boosting aggregate demand and fiscal policy is barred by finance capital.

* This article was originally published in the People's Democracy, Vol. XXXIX No. 26, July 05, 2015.


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