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Ten Years After Lehman (3): The Haves

by Edward Chancellor* The Greek philosopher Aristotle attacked the charging of interest on grounds that lenders demanded more money in return than they supplied. This ancient prejudice against interest...

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Distributional Effects of Monetary Policy: An Opportunity for Austrian Economics

by Sebastian Müller For a long time, Austrian macro had a unique selling point in what might be called the ‘money matters’ view: referring to the notion that changes in the money supply by their very...

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