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innovations and lenient government regulation are at the root of the current financial crisis and recession. Combined with a long …—and ultimately, the existence—of any capitalist economic entity. The role of the government is to continually counter the Ponzi …
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This four-part study is a critical analysis of several reports dealing with the reform of the financial system in the United States. The study uses Minsky’s framework of analysis and focuses on the implications of Ponzi finance for regulatory and supervisory policies. The main conclusion of...
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