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Nobel Laureate: New Normal in Joblessness Ahead
In an interview with Bloomberg prior to the release of key unemployment data, Nobel Laureate Edmund Phelps discussed what he sees as the “new normal” for the U.S. economy.  His view is that the U.S. should prepare for times of greater than normal average unemployment, and the ...
Nobel Laureate Phelps Says U.S. Recovery Will ‘Run Out of Gas’
bloomberg.com — Nobel Laureate Phelps Says U.S. Recovery Will ‘Run Out of Gas’... (more) Nobel Laureate Phelps Says U.S. Recovery Will ‘Run Out ...
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