Two of the most commonly accepted theories for the origin of money are the commodity theory and the chartalist theory. Both have drawbacks, but in recent years, the chartalist theory has gained much ...
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Money likely originated from long-distance trade between strangers, suggests study
An archaeologist has developed a new, groundbreaking theory that debunks conventional beliefs about the origins of money: it ...
Americans are angry. One well-defined cause of their anger is the lack of jobs to replace the ones lost to global trade. The "Ricardian" definition of Comparative Advantage – the DNA that powers ...
President Donald Trump and his administration have long suggested that the on-again, off-again rollout of historic tariffs was intentionally chaotic, part of a carefully crafted master plan designed ...
Fresh out of graduate school, economist Samuel Kortum ’92 Ph.D. began collaborating with Jonathan Eaton ’73 M.A., ’76 Ph.D. while both were on the faculty of Boston University. Kortum, now the James ...
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