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The Parable Of The Broken Window
by Carl R. Tannenbaum, Ankit Mital of Northern Trust, 9/17/17
Economists have been working overtime recently to account for the impact of hurricanes Harvey and Irma. Damage assessments are still being completed, but estimates are nearing $200 billion in property and business losses.

The Fading Light of Monetary Policy
by Carl R. Tannenbaum, Ankit Mital of Northern Trust, 8/25/17

The eurozone has been the brightest star on this year’s economic horizon. The region’s output expanded at a 2.5% pace during the second quarter and has been rising continuously for 48 consecutive months.

Policy Antidotes to Rising Drug Prices
by Carl R. Tannenbaum, Ankit Mital of Northern Trust, 8/18/17

Pharmaceutical costs represent about 10% of total U.S. health care expenditures, or about $325 billion each year.
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