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George Waters's avatar

The debate about Say’s Law was replayed in the Great Depression and the Great Recession. The more things change….

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Nominal News's avatar

The trade debate is a good example - I think it is still growing in terms of ideas/solutions.

Another topic I think we're seeing more discussions is the fiscal support on demand side that we saw during COVID vs the more supply side fiscal support during the great recession. This also plays into changing perspectives on how the Fed should optimally deal with inflation/employment trade off during major shocks.

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