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Showing posts with label Total Factor Productivity. Show all posts
Showing posts with label Total Factor Productivity. Show all posts

Wednesday, 30 October 2013

Forget the € and demand management!

The title of this post is a bit exaggerated, yet it helps stressing the gist of the point I want to make: policy makers, market participants and ordinary citizens should start devoting less attention to the € and to demand management and should concentrate, instead, on supply issues.
Let me expand a little this basic idea.