The lack of major wars may be hurting economic growth http://nyti.ms/1hULFkW pic.twitter.com/o3vxUMPPuJ
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@DougSaunders Well, that's politically true (b/c of power of capital) but in theory we could have an effective non-military Keynesianism.
@HeerJeet In truth, we have, and it's worked -- post-2008 US and Europe was successful. Higher magnitude would be politically very tricky.
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