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Adam Smith; capitalism's prophet
Journal Article
Banking Trends: How Foreign Banks Changed After Dodd–Frank
The Great Recession and the Wall Street Reform and Consumer Protection Act of 2010 both affected how foreign banks operate in the U.S.
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Honest money
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Hayek; social theorist of the century
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Taxing The 1 Percent
Raising taxes on top earners is often seen as a straightforward way to stem inequality. The trick is preserving efficient revenue generation and work incentives for the economy?s most productive contributors.
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Milton Friedman; economist as public intellectual
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Did quantitative easing work?
Did QE lower yields and stimulate the economy? What about risks? Weighing the evidence requires a bit of theory.
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Economic protectionism
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Housing's Role in the Slow Recovery
Why did homebuilding recover so slowly after the Great Recession? Burcu Eyigungor examines some unusual supply and demand factors during the boom and bust and explores why home construction is so important to economic recoveries.
Journal Article
The Value of Loyal Customers
Is there a rational reason that stock prices in some industries greatly exceed book values? The answer may lie in the idea that customers are capital.