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Brian C. Albrecht

Modeling Money

Economists have modeled some, but not all, of money’s functions.

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James L. Caton

Market Money and the Rationale for Central Banks

Financial markets naturally promote monetary equilibrium. At their best, central banks attempt to emulate the functions of financial markets.

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AmazonCards
Chloe Anagnos

Why Banks Should Fear Amazon

During the last two decades, Amazon has transformed from exclusively selling books online to offering products that are used by more than half of US households.

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