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Economic policy and media

Recession Obsession: A Threat to Rational Economic Policy

I In the world of economic forecasting and public discourse, the word “recession” carries an outsized weight. Often evoked by pundits, politicians, and media outlets alike, the fear of a recession—sometimes grounded in data but just as often in speculation—has become a recurring theme that clouds rational economic thinking. This phenomenon, often dubbed “recession obsession,”...

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