Chicago Plan – why it never went anywhere
Debunking Economics - the podcast
The Importance of Money in Capitalism
If you'd done this in the early stages of capitalism, then there would have been a shortage of money all the time. Almost every financial crisis back in the 19th century was a combination of a housing crisis and a railroad crisis. The legacy that it gave us of this industrial structure is incredibly valuable now. So would you get the same creativity out of a highly constrained financial system?
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