” The problem is that the senior managers, the auditors and the Board are not in prison and have not even suffered any financial loss.” Simon Wren-Lewis tells it like it is.
The German Wirtschaftswunder was not the result of economicexpertise applied by Ludwig Erhard to postwar West Germany. There is no uni–versally applicable theory-cum-practice of a “social market economy.” A capitalisteconomy is a political economy that […]
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