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In Block and Barnett (2005), we make the case that the best way to promote peace and prosperity, to protect the environment and fight poverty is to rein in government to the greatest extent possible. Each of our critics (Batten and Szilagyi 2005; Higgins 2005; Jonker 2005) challenges this thesis, and we...
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contributions of four distinguished scholars to monetary theory in general, and to an evaluation of the gold standard in particular … contributions to monetary theory …
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–“natural rate theory”- dominated interpretations of economic trends and policy prescriptions since the 1970s. Public policy …. Economic trends were filtered through the lens of the “natural rate theory,” focusing on labor market institutions only and … confronts the economic trends with the interpretations of the “natural rate theory” and argues that they hardly fitting the …
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