Correction

The conclusion to Alarming errors in “Lessons” from the 1930s had a glaring error — now fixed! Perhaps it’s Freudian. It should read:

More broadly, the threat to global prosperity is not the use of too much stimulus but too little. If we one day find ourselves in a more protectionist world, it won’t be a result of ignoring Gurría’s warning. It will be because we forgot our own history.

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