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Mercantilism and zero-sum thinking are indeed widespread amongst the untutored.
As far as I can see you didn’t explain why stagnation would increase those specific beliefs.
The recrudescence of zero-sum thinking
President Trump believes we live in a zero-sum world in which one country’s gain is another’s loss. This is evident in his reaction to Mario Draghi’s comment this week that additional monetary stimulus will be needed if euro zone inflation doesn’t rise. Trump tweeted: Mario Draghi just announce...
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Jun 21, 2019
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