The rise of a new equilibrium economic model: What it is and why it matters

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This is a guest post by David Macdonald.

David is the president and CEO of the Centre for Policy Alternatives, and co-editor of The Global Crisis Handbook.

David has published extensively on global financial crises, and has advised governments and other actors on how to prepare for and respond to crises.

He was the former editor of The Economist magazine.

He is also the author of the acclaimed book The Global Collapse Handbook, published by Penguin Books.

He also teaches courses on economics, finance and public policy at McGill University and the University of Toronto.

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