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“It’s a nice book, but it has a lot of critics. Many scholars think that the conventional narrative is not wrong. However, I think it’s an interesting exercise. And it’s out-of-the-box thinking because most of the people think that the reason, why from the 1980s to 2008, we had this big period in which there was inflation stabilisation is due to the fact that monetary policy was very successful. He claims that, no, it’s just a coincidence. It’s interesting, but it’s difficult to read.” Read more...
Federica Romei, Economist
