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Olduvai III: Catacylsm
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Explaining the credit cycle

Explaining the credit cycle This article summarises why the credit cycle leads to alternate booms and slumps. It is only with this in mind that they can be properly understood as current economic conditions evolve. The reader is taken through three monetary models: a fixed money economy, one governed by changes in bank credit, and […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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