Prodded by the Great Recession, journalists and economists are gradually altering their views of the economy, freeing themselves from the mainstream paradigm of the last thirty years: that the natural tendency of a market economy caught in a recession is to right itself, returning to full or nearly full employment and healthy growth with a minimum of help from government through public employment, public works projects, or a combination of the two. The evolution is slow, however, making most journalists and economists reluctant to engage in a full-throated appeal for government help.
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Copyright 2011 by Duke University Press
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