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Salim Furth

Articles By Salim Furth

Stimulus or Austerity? The European Debt Crisis

August 31, 2014

There is a well-known narrative that compares Europe’s recent economic history to that of the United States. The story goes that Europe enacted too little stimulus spending during the Great Recession of 2008–2009 and then turned to severe spending cuts afterward, triggering a second recession and leaving their economies far behind even the mediocre American […]