The New Interventionist Economics
نویسندگان
چکیده
The Great Recession seems to be creating a New Interventionist Economics characterized by bubbles, radical uncertainty, animal spirits, complexity dynamics, and extra-market control. When placed in that order, these characteristic create the acronym BRACE. I review some evidence and literature pointing to BRACE economics and briefly suggest some avenues to challenge the new interventionists. JEL Classifications: E32, G12, E5, E6
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