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Bubbles in Credit and Currency Contents 1 Markets Hot and Cold 1 2 When is Speculation a Positive Sum Game? 48 3 Bubbles in Financial Genius 87 4 What's New About the Carry Trade? 124 5 How to Reduce Toxic Waste? ...
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This book explores how economists operate effectively in financial markets. using events as diverse as the Wall Street Crash of 1929 and the Oklahoma bombing, the author traces the responses of the market to a variety of financial events
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