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During the Great Depression, policymakers had an irrational - and detrimental - attachment to the gold standard. Should we be worried about the similar fervour for a strong euro?
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Are the tragedies of the 1920s repeating themselves in the twenty-first century? In the 1920s, an irrational attachment to the gold standard helped cause the Great Depression, as European fears of inflation…
In his budget reply speech last week, opposition leader Tony Abbott said Indonesia was to be a “vital partner in Australia’s future”.
He’s right, and for now, at the government-to-government level, Australia…
In a widely anticipated forthcoming book, Edward Conard – a former Bain Capital colleague of Mitt Romney’s – has advanced the arguments that investment drives economic growth, and that deregulation and…