Advocate Julian Adorney was published in The Daily Callerabout a the appropriate response to “secular stagnation,” or the a period of long-term stagnation in our economy owing to depressed aggregate demand.
Summers and Krugman are right about one thing: we’re in a period of secular stagnation. But the cure isn’t more government stimulus and easy money. What we need is a dose of laissez-faire economics.
Read the rest of the piece here.
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