Posts Tagged ‘Alexander Hamilton’

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    Maybe Money Makes A Nation

    Nov 30, 10 • 99 Views • Developing Economies, Economic History, Financial MarketsNo Comments

    In “Thinking About Capitalism,” economic historian Jerry Z. Muller tells us that 16th and 17th century wars were “decided by whichever government was the first to run out of money.” Astoundingly, the American colonies did not run out...

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    Speculators, Thomas Jefferson, and President Obama

    Sep 22, 10 • 171 Views • Demand, Supply, and Markets, Economic History, Financial Markets, RegulationNo Comments

    Thomas Jefferson and President Obama had similar concerns about financial speculators. In 1790, Thomas Jefferson opposed funding the domestic part of the Revolutionary War debt if the financial speculators who bought bonds at a depressed price would benefit....

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    More Fashion Rules

    Sep 2, 10 • 98 Views • Economic History5 Comments

    Are fashion copycats good or bad for the industry? N.Y. Senator Charles Schumer says, “Bad” and is proposing legislation that would provide a 3 year period during which, with certain exceptions, knock-offs would represent copyright infringement....

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    Institutionalized Trust

    Jul 24, 10 • 107 Views • Economic History, Economic Thinkers, Macroeconomic Measurement, Thinking EconomicallyNo Comments

    The production path of a pair of Levi’s stonewashed 501 jeans could have started in a Mississippi Delta cotton farm, continued with a North Carolina fabric weaver, and included the Dominican Republic and Haiti for cutting, sewing, and finishing. Then,...

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    Making Macroeconomic Decisions

    Jun 30, 10 • 115 Views • Economic Debates, Economic History, Economic Thinkers, GovernmentNo Comments

    One problem with macroeconomic policy is the inability to confirm that it does or does not work. With variables constantly in motion, an entire economy as your lab, and no way to keep anything constant, how to know if you are doing the right thing?  This...