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A central doctrine of the Keynesian system is the “liquidity trap” in which consumers hold money in anticipation of higher interest rates. The act...

World News

Wage differences between men and women often are automatically attributed to sex discrimination against women. However, as research has shown time and again, other...

World News

Buchanan and Tullock‘s The Calculus of Consent influentially applies economic ideas to politics, focusing on methodological individual. However, there are a few pitfalls about...

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