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Archive for May 16th, 2012

Reason for Slow Recovery: Bad Government

Wednesday May 16th, 2012   •   Posted by John C. Goodman at 11:58am PDT   •   0 Comments

Here is Gary Becker: While slow recoveries from major financial crises are common, employment would have increased considerably more rapidly, and unemployment would have fallen much faster, were it not for several factors special to this recovery. Scott Baker, Nicholas Bloom and Steven Davis have studied changes in economic policy uncertainty since 1985, and have…
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