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Daily Archive for May 4th, 2010

In yet another paper on the financial crisis, Ross Levine shows that he is an outsider: In this postmortem, I find that the design, implementation, and maintenance of financial policies during the period from 1996 through 2006 were primary causes of the financial system’s demise. The evidence is inconsistent with the view that the collapse […]

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That Pesky Little Equation of Exchange

What would happen if the commies actually had influence in the everyday affairs of the current administration. No, seriously. As profligate as the last two Admins have been, I do not think they have crossed this line, at least not yet. Let’s address one of the points made in that “article.” Myth #1: The government […]

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