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to deal with the crash. Otherwise, the already existing institutions, such as American Enterprise Institute, will win by default.

For further reading:

The Economics of Outsourcing: How Should Policy Respond?, the title is self-explanatory,

and,

The Fallacy of the Revised Bretton Woods Hypothesis: Why Today’s System is Unsustainable and Suggestions for a Replacement is a call for replacing the current system of a totally "free market" of currency exchange rates, with a system of managed exchange rates. Remember, the foreign exchange markets are now trading trillions of dollars EACH day, compared to a world GDP of $48.2 trillion.

by NBBooks on Wed Dec 12th, 2007 at 10:40:50 AM EST

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