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Top economists challenge free-market mantra

News February 10, 2017

The Stockholm Statement, eight principles for policymakers issued by a small group of leading economists, holds that promoting unfettered markets and narrowly focusing on growth have contributed to the twin crises of global inequality and environmental degradation. An initiator of the statement, Kaushik Basu, former Chief Economist at the World Bank, says the election of Donald Trump as US president makes the statement “even more urgent.”

Kaushik basu.jpg

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