Recession probability rising
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Larry Summers says, "I told you so," and calls for a fiscal stimulus. The Economist disagrees.
Update: Doug Elmendorf disagrees too.
Random Observations for Students of Economics
I am the Robert M. Beren Professor of Economics at Harvard University. I use this blog to keep in touch with my current and former students. Teachers and students at other schools, as well as others interested in economic issues, are welcome to use this resource.
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