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The Price of Time in a World Without Interest | Edward Chancellor

Hidden Forces

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The Attraction of Certainty in Economic Models

Economic models provide us with the illusion of greater certainty. But they are often woefully inaccurate, says John Maynard Keynes. The economist who i cite a lot in my book is claudio boreo at the bank for international settlements. He and his former boss bill white probably have the best claim to have predicted the global financial crisis.

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