With hindsight, what do you think the optimal macroeconomic policy should have been over the past 40 years, as opposed to the strong dollar policy you cite? What industrial policy, if any, would have been appropriate? You mention the budget deficit and managing the dollar, but don't go into much prescriptive detail.
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With hindsight, what do you think the optimal macroeconomic policy should have been over the past 40 years, as opposed to the strong dollar policy you cite? What industrial policy, if any, would have been appropriate? You mention the budget deficit and managing the dollar, but don't go into much prescriptive detail.
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