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Titlebook: Somebody in Charge; A Solution to Recess Pierre Lemieux Book 2011 Pierre Lemieux 2011 Keynes.macroeconomics.monetary policy

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The Laissez-Faire Scapegoat,ic core and the more lightly regulated, nonbank periphery of the system.…”. So, the commercial banks were “heavily regulated” while the investment banks, hedge funds, and other shadow banks were “more lightly regulated,” or less heavily regulated. Where is the lax financial regulation?
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Monetary Meddling,e the monumental monetary history of the United States with Milton Friedman,. agrees with most economists that the Fed’s holding down short-run interest rates bears a responsibility in the housing bubble. It is now time to analyze the role of monetary policy in the 2007–2009 recession.
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,Conclusion: The Emperor’s New Clothes,othes, want us to believe. The most interesting lessons relate to political authority and economic crises in general. We are back to the original question of this book: do we need somebody in charge to control economic crises?
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