Toxic Politics Versus Better Economics
The relationship between politics and economics is changing. Advanced-country politicians are locked in bizarre, often exceptionally hostile conflicts, instead of acting on a growing economic consensus about how to escape a prolonged period of low and unequal growth.
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NEW YORK – The relationship between politics and economics is changing. Advanced-country politicians are locked in bizarre, often toxic, conflicts, instead of acting on a growing economic consensus about how to escape a protracted period of low and unequal growth. This trend must be reversed, before it structurally cripples the advanced world and sweeps up the emerging economies, too.