Monetary economics is gasping for breath. The usual links between the money supply, inflation and GDP seem tenuous after the Great Financial Crisis.
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Despite the evidence of climate change that is all around us, why don't we change our personal behaviors, and our public policies?
As China is transitioning to become a full member of the world community from which it was entirely separated just forty years ago, we have perhaps seen the end of Chinese rather than American exceptionalism.
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