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Laura Pennacchi, author at Social Europe


15th February 2017
The “endless” 2008 crisis is producing difficult growth, excessive unemployment, increasing inequalities. All this is stimulating interest in the recurrent tendencies in capitalism to “secular stagnation”. The term was coined in 1938 by Alvin Hansen, who argued that the depression of the Thirties was not so much a severe cyclical crisis as a symptom of […]
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