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Why the Economics Establishment Hates Judy Shelton

It’s not for a lowly newspaper columnist to instruct the Senate how to vote on Judy Shelton’s nomination to a seat on the Federal Reserve Board of Governors. But how about we all at least stop pretending she’s crazy simply because she dares to challenge orthodoxy on the single most important economic question of our day?

That question: Why has productivity growth proved so hard to sustain in developed economies for the past generation?

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