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Housing costs across the nation and in Greater Boston are rising, and many policymakers have turned to Inclusionary Zoning (IZ) in an attempt to dampen these effects on their lowest-income residents. Yet design and implementation of IZ policy remains haphazard and often is not well-grounded in...
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The Iraq and Afghanistan conflicts, taken together, will be the most expensive wars in US history--totaling somewhere between $4 to $6 trillion. This includes long-term medical care and disability compensation for service members, veterans and families, military replenishment and social and...
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The Handbook on the Economics of Conflict conveys how economics can contribute to the understanding of conflict in its various dimensions embracing world wars, regional conflicts, terrorism and the role of peacekeeping in conflict prevention.
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Introduction -- Part I: Guggenheim Prize Lecture -- The Myth of Money as a Veil -- Part II: Financial History -- British Investment Trusts 1868 to 1928: Portfolio Diversification and the Beginnings of Institutional Investment -- Early Reflections on the Democratization of Organized Markets and...
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<title>Abstract</title>This paper argues against the distance which has been growing between economic history and history of economic thought (HET). Two examples, drawn from the history of monetary theory, are provided of how neglecting the historical background may lead to erroneous interpretations and...
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<title>Abstract</title> We review Keynes's constant concern with commodity prices, both as speculator and as theorist, arguing that it was never divorced from his view on market instability. We also look at Kahn's contribution on buffer stocks, which brought to fruition the original intuition by Keynes,...
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[fre] La question posée est de savoir si une marchandise peut être choisie arbitrairement comme étalon monétaire. L'analyse distingue la fonction de l'étalon monétaire et la fonction du numéraire. Ricardo a soulevé la question des caractéristiques que doit avoir la marchandise choisie...
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