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by eyko 4030 days ago
As a short term solution, I would say they're probably right. However, sane advice would be to look for a sustainable alternative. I guess it's just because they have a liberal bias, but in any case I can't see The Economist proposing a slower, yet more sustainable growth.

"After double-digit growth for much of the past decade, sales have slumped" - you don't say... or perhaps they expect that rate of growth to continue without end? Yes, it was a bubble.

1 comments

-Against fuel subsidies in Indonesia [1]

-.. and in general [2]

-For carbon tax [3]

(all imho: ) They are traditional liberal, and / but with a realist approach to economics. Massive market failures exist and need work. Market failures more often originate in government, than that new market failures need more government.

[1] http://www.economist.com/news/asia/21638179-jokowi-abandons-...

[2] http://www.economist.com/news/leaders/21639501-fall-price-oi...

[3] http://www.economist.com/news/leaders/21580146-world-will-on...