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Archive for February 2011

Finance and the real economy

The Lex column in yesterday’s Financial Times picks up on the International Monetary Fund’s recent self-evaluation, in a piece entitled “Ignorant economists”. Specificially, Lex notes that one of the IMF’s self-confessed shortcomings was an “inadequate understanding of how finance influences the real economy”: The greatest challenge for all economists is to understand the dynamics of the financial-economic nexus. It is a […]

February 2011
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