"A truly global economy, in which economic activity is unmoored from its national base, would necessitate transnational rule-making institutions that match the global scale and scope of markets."
"The commonwealth was not yet lost in Tiberius's days, but it was already doomed and Rome knew it. The fundamental trouble could not be cured. In Italy, labor could not support life..." - Vladimir Simkhovitch, "Rome's Fall Reconsidered"
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I'm not a fan of "diagrams" in economics, but sometimes... This is a screen capture of slide 36 from a SlideShare presentatio...
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JW Mason : "... in retrospect it is clear that we should have been talking about big new public spending programs to boost demand....
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It is surely true that the price level cannot rise without a corresponding increase in the quantity of money or velocity or use of credit. ...
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Mark Thoma links to the Kansas City Fed's Nominal Wage Rigidities and the Future Path of Wage Growth by José Mustre-del-Río and Emily ...
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Bosch season five air date: 18 April. Ten episodes. Four days later, six of the transcripts were already available. A few days later, the ...
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