Purpose: This is an invited 75article for Tourism Review addressing tourism employment, past and future. Design/methodology/approach: Conceptual analysis of tourism employment with a focus on paradox. Findings: Inherent paradox which underpins tourism employment. Originality/value: A wholly...

In response to the financial crisis of 2008, the Federal Reserve radically increased the monetary base. Banks responded by increasing excess reserves rather than increasing bank loans, and the public responded with a substantial flight to liquidity in the form of currency and demand deposits. As...