Richard Gwyn
Tough choice on spending or saving

How do you get people to do something that is almost certainly bad for them personally but that ought to be good for everyone else?

This is the great economic challenge of today. It's the issue on which all the best minds in Washington and elsewhere around the world are focusing all their attention and skills.

The challenge, though, has an especially intractable nature. It's not a technical problem as, say, the right size of the money supply of the kind that economic ...

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