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John Lanchester | ASHARQ AL-AWSAT English Archive 2005 -2017
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The Major Blind Spots in Macroeconomics

The Major Blind Spots in Macroeconomics

by | Mar 3, 2017 | Business

There was an unusual degree of consensus among economists about what would happen if Britain voted for Brexit in the referendum on June 23 last year. The language used by the International Monetary Fund was typical: It expressed fears of an “abrupt reaction,” adding...