RevisingTheBankSecrecyAct_NorbertMichelAndJenniferSchulp_CMFAWP007 The post Revising the Bank Secrecy Act to Protect Privacy and Deter Criminals (CMFA Working Paper No.007) appeared first on…
Editor’s Pick
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(As many Alt-M readers will know, my interest in Bitcoin goes back to its earliest days, and even before that: like my…
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In December 1946, Clark Warburton published an article in the Political Science Quarterly titled, “Monetary Control under the Federal Reserve Act,” which…
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(Previous installments of “The Keynesian Myth” are here and here.) Balancing Act As Richard Adelstein (1991, p. 177) observes, far from taking…
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(The first installment of “The Keynesian Myth” is here.) All-American Money Makers Although conventional wisdom has it that Keynes considered government spending…
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(The first of an essay in 3 installments.) In The Money Makers, his 2015 book on the New Deal and its aftermath,…
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Building a bridge is costly: It takes labor and machinery and raw materials that have alternative uses. Does it follow that building…
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(As the Fed is once again planning to unwind its balance sheet, the size of which doubled as a result of its…
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Twice now, on this forum back in 2013, and on Twitter more recently (see here and here), I’ve taken Yale economics professor…
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Editor's Pick
The Contagion Concoction: The Truth About Runs and the Great Financial Crisis (CMFA Working Paper No. 006)
The post The Contagion Concoction: The Truth About Runs and the Great Financial Crisis (CMFA Working Paper No. 006) appeared first…