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From the gloomster Nouriel Roubini on Apr 23, 2009: “Today we present some of the main conclusions of the recently released update to the RGE 2009 Global Economic Outlook: The global economy is in the middle of a synchronized contraction that will push global growth into negative territory in 2009 for the first time . . . → Read More: Mr. Roubini, Please Have a Seat Already Thinkers on the Left blame the current financial crisis on the excesses of capitalism. Free-market partisans say it’s the government’s fault. Distributists say they’re both right, and their “third way” philosophy has a lot of appeal to the majority of Americans who are somewhere in the middle between socialism and laissez-faire, and yet recognize . . . → Read More: Distributism: A New Economic Philosophy for the Post-Crisis Age? |
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