3min chapter

Hidden Forces cover image

The Rise of the Global Dollar System | Perry Mehrling

Hidden Forces

CHAPTER

Kendall Berger's Understanding of Economics

When I was in college, there was just one economic history course. And it had like Adam Smith and David Ricardo and those folks. What purpose did studying history serve for Kendall Berger? He saw markets and the economy as constantly evolving. This goes back to American institutionalism again.

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