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The Perils of Economic Centrism in a Polarized World (Rogoff)

The Perils of Economic Centrism in a Polarized World by Kenneth Rogoff published by Project Syndicate (10/2025).

Few ideas in economics have been as misrepresented as the link between debt and growth. More than a decade ago, a prominent analysis was falsely cast as a call for austerity when, in fact, it showed something far more mundane: countries burdened by heavy debt often have limited room to invest or respond when crises strike.

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