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Is The New York Fed Making A Serious Mistake On Bank Dividends?

By Simon Johnson An uncomfortable dissonance is beginning to develop within the Federal Reserve.  On the one hand, senior current and former officials now generally agree with the propositions put...

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Jamie Dimon And The Fall Of Nations

By Simon Johnson “Why Nations Fail: The Origins of Power, Prosperity, and Poverty,” by Daron Acemoglu and James Robinson, is a brilliant and sometimes breathtaking survey of country-level governance...

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