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Did Capitalism Fail? The Financial Crisis Five Years On

See on Scoop.itBounded Rationality and Beyond

Did the global economic collapse in 2008 stem from structural failures in the capitalist system?

During his keynote address to the European Financial Congress, Institute Advisory Board memberRoman Frydman argued that capitalism itself did not fail. Instead, Frydman placed the blame on those who promulgated the theories that guided policy makers.

 

See on ineteconomics.org



Time is real? I think not

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