Erdogan’s Egregious Economic Experiment
The Turkish president is acting as if the laws of economics don’t apply to him.
by DESMOND LACHMAN AND JOHN KEARNS AUGUST 2, 2020 5:35 AM
Controlled macroeconomic policy experiments are rare. Yet that is what President Recep Erdogan seems to be offering in Turkey with his highly unconventional economic policies. He might help us better understand how macroeconomics works but it is likely to come at a high cost for the Turkish public.
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