☆ Yσɠƚԋσʂ ☆ to Economics@lemmygrad.mlEnglish · 2 months agoIn 1971, economist Nicholas Kaldor predicted the current problems we see arising from the American trade and payment system under the post-Bretton Woods dollar arrangement.imagemessage-square8fedilinkarrow-up150arrow-down11file-textcross-posted to: economics
arrow-up149arrow-down1imageIn 1971, economist Nicholas Kaldor predicted the current problems we see arising from the American trade and payment system under the post-Bretton Woods dollar arrangement.☆ Yσɠƚԋσʂ ☆ to Economics@lemmygrad.mlEnglish · 2 months agomessage-square8fedilinkfile-textcross-posted to: economics
minus-square☆ Yσɠƚԋσʂ ☆OPlinkfedilinkarrow-up2arrow-down1·2 months agoWhile we should be careful making historical comparisons like that, there are many parallels. I find I like to look at this in terms of selection pressures. Once you see what factors are driving behavior it becomes clear where things are headed.
While we should be careful making historical comparisons like that, there are many parallels. I find I like to look at this in terms of selection pressures. Once you see what factors are driving behavior it becomes clear where things are headed.