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This paper discusses parallels between our current recession and the Great Depression for the intelligent general public. It stresses the role of economic models and ideas in public policy and argues that gold-standard mentality still holds sway today. The parallels are greatest in the...
Persistent link: https://www.econbiz.de/10012463005
"We describe in this essay why the gold standard and the euro are extreme forms of fixed exchange rates, and how these policies had their most potent effects in the worst peaceful economic periods in modern times. While we are lucky to have avoided another catastrophe like the Great Depression...
Persistent link: https://www.econbiz.de/10003990891
Persistent link: https://www.econbiz.de/10009730016
Persistent link: https://www.econbiz.de/10009234265
We describe in this essay why the gold standard and the euro are extreme forms of fixed exchange rates, and how these policies had their most potent effects in the worst peaceful economic periods in modern times. While we are lucky to have avoided another catastrophe like the Great Depression in...
Persistent link: https://www.econbiz.de/10013139971
This paper discusses parallels between our current recession and the Great Depression for the intelligent general public. It stresses the role of economic models and ideas in public policy and argues that gold-standard mentality still holds sway today. The parallels are greatest in the...
Persistent link: https://www.econbiz.de/10013148871
We describe in this essay why the gold standard and the euro are extreme forms of fixed exchange rates, and how these policies had their most potent effects in the worst peaceful economic periods in modern times. While we are lucky to have avoided another catastrophe like the Great Depression in...
Persistent link: https://www.econbiz.de/10012462453
The Leaderless Economy reveals why international financial cooperation is the only solution to today's global economic crisis. In this timely and important book, Peter Temin and David Vines argue that our current predicament is a catastrophe rivaled only by the Great Depression. Taking an...
Persistent link: https://www.econbiz.de/10014481728
Preface -- The world economy is broken -- The British century and the Great Depression -- Keynes from the Macmillan committee to Bretton Woods -- The American century and the global financial crisis -- Restoring international balance in Europe -- Restoring international balance in the world --...
Persistent link: https://www.econbiz.de/10013503201