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Showing posts from May, 2026
   One damn theory after another (1) Those big economic theories all seemed like good ideas at the time. Only later did we realise the economists had wrecked the joint.
  One damn theory after another (2) After the shocks of the seventies, Milton Friedman thought he had the answers. He didn’t.
One damn theory after another (3) How banks stopped being banks and took over the world.