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Should Everyone Have An Account At The Fed?
Some scholars argue that ordinary citizens should be allowed to open bank accounts at the Fed. Is this the best way to reduce financial exclusion?
March 27, 2019
What Should Modern Monetary Theory Learn From Argentina?
Can governments run large fiscal deficits financed with new money without generating significant inflation? The experience of Argentina calls this view into doubt.
Keynes Didn’t Invent Aggregate Analysis
By conflating the macroeconomics of Keynes with macroeconomics, we run the danger of discarding the contributions that Keynes himself inherited.
Japan Joins the Cashless Revolution Thanks to Chinese Tourists
The market economy is vastly superior to anything the government does because it gives customers the freedom to choose.
Uncategorized
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