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Wars and the pre-Fed economy
Many economists assume that the Fed has improved U.S. economic performance relative to the pre-Fed periods. As I discussed in a previous blog post, however, the Fed has been better on some margins and worse on others. Most improvements under the Fed have only come since about 1985 during the Great Moderation. Another aspect that […]
April 8, 2015
For Summer Beach Reading, China’s Economy
Here’s an interesting story in Fortune listing 10 must-read books about the world’s second-largest economy, China.
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