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Allianz chairman Mohamed El-Erian bolsters a new American economic paradigm in lieu of the Washington consensus. The latter dominates the old school of thou
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The heuristic rule of *accumulative advantage* suggests that a small fraction of the population enjoys a large proportion of both capital and wealth creatio
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The Trump administration imposes 10% tariffs on $200 billion Chinese imports and expects to raise these tariffs to 25% additional duties toward the end of t
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Firms and customers create value and wealth together by joining the continual flow of small batches of lean production to the lean consumption of cost-effec
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Peter Schuck analyzes U.S. government failures and structural problems in light of both institutions and incentives. Peter Schuck (2015) Why
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Corporate ownership governance theory and practice The genesis of modern corporate governance and ownership studies traces back to the seminal work