59. Tim Harford, the Undercover Economist: Are we too ideological about privatisation?
The Rest Is Money
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Exploring Financial Structures and Economic Policies
The chapter delves into the financial structure of businesses, analyzing the balance between debt and equity using Thames Water as an example. It examines modern monetary theory, debates on money creation, quantitative easing, and government debt post-financial crises. The dialogue extends to the impact of trade restrictions, tariffs, globalization, and the implications of economic choices on global security and democracy.
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