The Roots of the Italian Stagnation

It’s currently very trendy in Italy to blame Angela Merkel, Mario Monti, and austerity measures for the current recession. This column argues that while the severity of the downturn is clearly a cyclical phenomenon, the inability of the country to grow out of it is the legacy of more than a decade of a lack [...] View the full post at: The Roots of the Italian Stagnation Related posts: Capitalism Should Return to Its Roots Google Execs Could Face Charges By Italian Prosecutors Competitiveness and Health Reform
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