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Those who refuse to learn from history are doomed to repeat its mistakes. Joe Siglitz summarizes our current economic and political mess quite nicely. The lessons from the financial crisis have been forgotten. The zombie economic ideas that provided the cover for the financial crisis refuse to die. They are kept alive by those who benefit from them and they have the megaphones that enable them to keep neo-liberal ideology alive and well at the expense of everyone else. Unfortunately, governments in the US and in Europe would rather accept the faith than to turn against it.
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