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In the spring of 1716, the entire French financial community was put on trial in a ritual prosecution known as the chambre de justice. Over the preceding centuries, these trials were held periodically, usually after wars, when a royal debt crisis was looming. Although they mostly were not very effective (most of the richest financiers […]
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Our book, What Capitalism Needs, spells out what capitalism needs, drawing on the ideas of great but unduly neglected economists of the past including Friedrich List, Joseph Schumpeter, Maynard Keynes and Albert Hirschman—but with most attention being paid to Adam Smith and Karl Polanyi.
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Kjell G. Nyborg, author of Collateral Frameworks: The Open Secret of Central Banks, undertakes forensic-style research into the Eurosystem’s collateral framework.
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Mauro F. Guillén and Emilio Ontiveros, co-authors of Global Turning Points: Meeting the Challenges for Business in the 21st Century (2012), talk about the financial situation and its challenges in 2014.
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