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The most important part of an economics paper is showing understanding of the issues. Demonstrate that you understand basic economic principles (inflation, deflation, etc.). Clarity is paramount. Stay ...
Just how important is money? Few would deny that it plays a key role in the economy. During the Great Depression of the 1930s, existing economic theory was unable either to explain the causes of the ...
This time, he rediscovers James Tobin’s classic paper, “Commercial Banks as Creators of Money” (a paper known ... I argued that his earlier piece set economics back a century. . This time ...
In the southern part of China, paper money, such as Huizi, continued to circulate normally during the Southern Song Dynasty, playing a major role in fiscal and economic activities. About twenty ...
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