Titlebook: Interpreting Keynes for the 21st Century; Volume 4: The Collec Paul Davidson Book 2007 Palgrave Macmillan, a division of Macmillan Publishe

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The Future of the International Financial System malady in the system, few realize what the fundamental flaws of the system are. Accordingly, few can prescribe the correct vaccine to cure the illness and protect the international financial system from relapse.

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The Declining Dollar, global Economic Growth, and Macro Stability0 billion more on imports than they earned by selling exports to foreigners. The January 2005 . article noted that record trade deficit figures “confounded predictions that the deficit would diminish with the weakening of the dollar”.

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Is a Plumber or a New Financial Architect Needed to End global International Liquidity Problems?lying economic theory that one explicitly, or implicitly, utilizes to explain the role of financial markets in a market-oriented entrepreneurial economy. There are two major alternative theories of financial markets: (1) the classical efficient market theory (hereafter EMT) and (2) Keynes’s liquidit

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Capital Movements, Tobin Tax, and Permanent Fire Prevention: A Response to DeAngelis. This growth, DeAngelis (1999–2000) argues, has exposed “national economies to the whims of financial markets and security owners with no particular ‘national allegiance’. No government can afford to upset speculators with policies that are not compatible with the priorities of international capita

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