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Books > Business & Economics > Economics > Macroeconomics

Business Economics - Theory and application (Paperback): Neil Harris Business Economics - Theory and application (Paperback)
Neil Harris
R1,495 Discovery Miles 14 950 Ships in 12 - 17 working days

'Business Economics: Theory and Application' is an undaunting and accessible text that focuses on the real world of business and how this relates to economics.
The links to business are far more intrinsic that in other business economics textbooks where a business "flavour" is simply added to traditional economics theory. It provides an in-depth jargon-free analysis, particularly relevant for one semester courses. A variety of case studies and questions are used throughout the text both to illustrate key points and for seminar and assignment work. Diagrams are included to aid the explanation of complex issues, and review and discussion questions are incorporated to consolidate and expand on the learning. A lecturer's supplement accompanies the text.
Accessible and undaunting approach for students with very little prior knowledge of the subject
Includes economic theory which is used to explore and analyse business issues and application of this theory through international case studies
Demonstrates the links between economics, strategy and marketing

The Development of Monetary Theory in the 1920s and 1930s (Hardcover): Forrest Capie, Geoffrey Wood The Development of Monetary Theory in the 1920s and 1930s (Hardcover)
Forrest Capie, Geoffrey Wood
R32,448 Discovery Miles 324 480 Ships in 12 - 17 working days

This six volume set includes "The Supply and Control of Money in the USA - Lauchlin B. Currie", "Banking Policy and the Price Level and Money - Dennis H. Robertson", "The Problem of Unemployment - P.H. Douglas and A. Director", "The Art of Central Banking - R.A. Hawtrey", and "Balanced Deflation, Inflation, or More Depression - J. Viner". During a long, varied, influential and productive career as a macroeconomic policy advisor, Lauchlin B. Currie developed and applied theoretical insights and new data sources to improve national well-being. From 1934 to 1945, Currie advised the New Deal on monetary and fiscal policies for recovery, full employment, maximum production for war and price stability. He sought public policies that would allow competitive markets to yield high saving and investment required for productivity and stable growth. Dennis H. Robertson studied economics at Cambridge, and in 1914 was elected to Fellow of Trinity College, followed by Reader in the University of Cambridge. In 1938 he left to become a Professor in the University of London, but during his time in that post he was seconded to the Treasury on war-related work. Elected in 1944 to succeed Pigou in the

Inflation Dynamic - Global Positive Economic Analysis (Hardcover): Weshah Razzak Inflation Dynamic - Global Positive Economic Analysis (Hardcover)
Weshah Razzak
R4,059 Discovery Miles 40 590 Ships in 12 - 17 working days

This book explains inflation dynamic, using time series data from 1960 for 42 countries. These countries are different in every aspect, historically, culturally, socially, politically, institutionally, and economically. They are chosen on the basis of the data availability only and cover the Middle East and North Africa (MENA) region, Africa, Asia, the Caribbean, Europe, Australasia, and the United States. Inflation reached double digits in the developed countries in the 1970s and 80s, and then central banks, successfully stabilized it by anchoring inflation expectations for decades, until now. Conditional on common and country-specific shocks such as oil price shocks, financial and banking and political crises, wars, pandemics, natural disasters etc., the book tests various theoretical models about the long and short run relationships between money and prices, money growth and inflation, money growth and real output, expected inflation; the output gap, fiscal policy, and inflation, using a number of parametric and non-parametric methods, and pays attention to specifications and estimations problems. In addition, it explains why policymakers in inflation - targeting countries, e.g. the U.S., failed to anticipate the recent sudden rise in inflation. And, it examines the fallibility of the Modern Monetary Theory's policy prescription to reduce inflation by raising taxes. This is a unique and innovative book, which will find an audience among students, academics, researchers, policy makers, analysts in corporations, private and central banks and international monetary institutions.

Annual Report on China's Economic Growth - Macroeconomic Trends and Outlook (Hardcover, 1st ed. 2016): Ping Zhang, Xiahui... Annual Report on China's Economic Growth - Macroeconomic Trends and Outlook (Hardcover, 1st ed. 2016)
Ping Zhang, Xiahui Liu, Fuhua Yuan, Ziran Zhang
R3,819 R3,602 Discovery Miles 36 020 Save R217 (6%) Ships in 12 - 17 working days

This book probes into China's economic growth in 2013 and predicts China's development prospects. China's GDP growth in 2014 continues to slow down, and is expected to be 7.6%, with the CPI stable at a level of 2.5%. With the pressures of structural slowdown, 2014 will be a year of adjustment, and there will be a slowdown in new initiatives to minimize risk. Against a background of policies to stabilize growth, change structures and promote reforms, and in order to assess the sustainability of development and transformation and upgrade of China's provincial regions, this book proposes a system for evaluating the country's development prospects and expounds economic growth at the provincial level.

The European Monetary Union after the Crisis - From a Fiscal Union to a Fiscal Capacity (Hardcover): Nazare Da Costa Cabral The European Monetary Union after the Crisis - From a Fiscal Union to a Fiscal Capacity (Hardcover)
Nazare Da Costa Cabral
R3,833 Discovery Miles 38 330 Ships in 9 - 15 working days

This book provides a much-needed detailed analysis of the evolution of Europe over the last decade, as well as a discussion about the path of reform that has been trodden in the aftermath of the financial crisis. It offers a multidisciplinary view of the E(M)U and captures the main factors that induced the reform of the monetary union - a process that has not been linear and is far from being concluded. The author examines the policy responses designed throughout the development of the crisis and assesses the scale of the crisis in Europe, in comparison to other parts of the world, as well as its prolonged effects both in economic and financial terms. An update on the current 'state of the art' in the conception of risk-sharing mechanisms is provided. With its innovative approach, the book analyses the financing issues which need to be taken into consideration in the design of these instruments and highlights the main categories of governmental risk-sharing mechanisms - in particular, the ones to be used as 'fiscal capacity'. This is a timely and topical book and will be of interest to a broad audience, including experts, scholars and students of European affairs, particularly those with economic, financial, legal and political science backgrounds.

Handbook of Research Methods on Social Entrepreneurship (Hardcover): Richard Seymour Handbook of Research Methods on Social Entrepreneurship (Hardcover)
Richard Seymour
R4,443 Discovery Miles 44 430 Ships in 12 - 17 working days

Defining 'social entrepreneurship' has in the past proved problematic, and debate continues concerning what it does and does not entail and encompass. This unique book frames the debates surrounding the phenomenon and argues that many of the difficulties relating to the study of social entrepreneurship are rooted in methodological issues. Highlighting these issues, the book sets out ideas and implications for researchers using alternative methodologies. Contributors expertly present practical guides for researchers, setting out appropriate strategies and methods that can be adopted to explore and understand social entrepreneurship. Chapters deal with research strategies such as storytelling, action research and the case study, as well as the methods appropriate for understanding discourse, large data sets, and networks. The book also explores some challenges for researchers, and will be of particular interest to early career researchers or researchers first approaching the field. Contributors: M. Bachmann, S. D'Alessandro, K. Kumar, A.F. McKenny, J. Ormiston, J. Ruskin, F. Salignac, R.G. Seymour, J.C. Short, C. Steyaert, M. Tasker, G. Tyge Payne, C. Webster, L. Westberg, H. Winzar

The Japanese Economy - Part II (Hardcover): Peter Drysdale, Luke Gower The Japanese Economy - Part II (Hardcover)
Peter Drysdale, Luke Gower
R33,986 Discovery Miles 339 860 Ships in 12 - 17 working days

This collection offers a reference work to all those interested in the contemporary development of one of the world's largest and most influential economies. The set addresses key issues for the Japanese economy in the post-war decades, including: the relationship between capital market transformation and economic growth; labour markets and the increasing demands for structural change; current industrial policy, in the late 1990s, and it's relationship to governance; and macroeconomic conditions and their effect on microeconomic policies. The articles reprinted here explore many of Japan's factor markets, as well as the public policies that have affected their operation. They also examine the role of capital and labour markets in determining the trajectory of economic growth. They conclude that the institutions and policies determining this growth will have to either adapt or increasingly lose their efficiency and relevance.

International Guide to Foreign Currency Management (Hardcover): Gary Shoup International Guide to Foreign Currency Management (Hardcover)
Gary Shoup
R3,963 Discovery Miles 39 630 Ships in 12 - 17 working days

Financial managers rarely find a one-stop source for a complete course in currency management. Expanding on his work, "Currency Risk Management," Gary Shoup builds a practical foreign currency management program. This extensive text covers everything managers and their consultants need to implement a program, from trends in exchange rates to understanding pricing determinants. He discusses in detail the market for currencies, price forecasting, exposure and risk management, managing accounting exposure, and managing strategic exposure.

The Entrepreneurial State in China - Real Estate and Commerce Departments in Reform Era Tianjin (Hardcover): Jane Duckett The Entrepreneurial State in China - Real Estate and Commerce Departments in Reform Era Tianjin (Hardcover)
Jane Duckett
R1,287 Discovery Miles 12 870 Ships in 12 - 17 working days


Contents:
Tables Figures Abbreviations Glossary of Translated Terms Acknowledgements Introduction Introduction: Market Reform and the State 1. The Chinese State from Plan to Market 2. Tianjin: the Government of a City Under Reform Case Studies in the Emergence of State Entrepreneurialism 3. The State Administration of Real Estate and its Reform 4. Market Reform and its Limits: Entrepreneurialism in Real Estate Management Departments 5. The State Administration of Commerce and its Reform 6. The Encroaching Market: Entrepreneurialism in Commerce Departments Conclusion 7. Conclusion: The Entrepreneurial State Appendices A. Methodological Notes B. Tianjin

Swedish Economics (Hardcover): Bo Sandelin Swedish Economics (Hardcover)
Bo Sandelin
R41,536 Discovery Miles 415 360 Ships in 12 - 17 working days

This set reprints works by, and about, Swedish economists working between the turn of the century and 1960. The volumes contain a number of recent articles, monographs and collections of essays. Examples are given of the lively involvement in public affairs and public discussions by the generations of economists under consideration. The editor provides an overview of Swedish economics, as well as growth and specialization within the discipline. Amongst the schools and individuals included are the early neo-classical scholars Knut Wicksell, Gustav Cassel and Eli Heckscher, the Stockholm School, including Erik Lindahl, Gunner Myrdal, Bertil Ohlin, Erik Lundberg and politically influential trade economists such as Rudolf Meidner and Gosta Rehn.

Business, Markets and Government in the Asia-Pacific - Competition Policy, Convergence and Pluralism (Hardcover): Yun-Peng Chu,... Business, Markets and Government in the Asia-Pacific - Competition Policy, Convergence and Pluralism (Hardcover)
Yun-Peng Chu, Rong-I Wu
R4,223 Discovery Miles 42 230 Ships in 12 - 17 working days

Exploring the thorny issues of industrial organisation, competition policy and liberalization in the Asia-Pacific region, this book examines the ways in which governments regulate business. Using case studies from China, the USA, New Zealand, Thailand, Malaysia and Japan, the authors take a comparative look at the evolution of policies and their implementation on the ground.
With a specific focus on the energy, transport and telecommuncations sectors, this book represents the most up-to-date analysis of the ways in which governments in the Asia-Pacific are coping with rapid industrial and economic change.

The Japanese Economy - Part I (Hardcover): Peter Drysdale, Luke Gower The Japanese Economy - Part I (Hardcover)
Peter Drysdale, Luke Gower
R22,972 Discovery Miles 229 720 Ships in 12 - 17 working days

This set of four volumes collects the major English language contributions to the theories of the structure and performance of the Japanese economy in the 20th century. It covers a wide range of topics: Volume I covers Japan before the Pacific War; Volume Two covers post-war growth; Volume Three covers trading with Japan; Volume Four explores the nature of the Japanese firm. The set gives the reader access to the most important debates about the contours of the modern Japanese economy and their evolution. Many of the articles in the set should also be accessible to non-economists, especially to political scientists.

New Asian Emperors (Paperback): George Haley, Chin Tiong Tan, Usha C.V. Haley New Asian Emperors (Paperback)
George Haley, Chin Tiong Tan, Usha C.V. Haley
R1,171 Discovery Miles 11 710 Ships in 12 - 17 working days

Much has been written about the rise of the Asian economies in recent decades, and their coming economic dominance in the next century. The New Asian Emperors shows how and why overseas Chinese companies are achieving dominance in the Asia Pacific. In the wake of the Asian Currency crisis, this book takes a fresh look at the role of the overseas Chinese as they continue to create some of Asia's most wealthy and successful companies.
In particular, the authors tackle the principal difference between Western and Eastern business practices. The overseas Chinese, due to their origins and history developed a unique form of management - now they maintain it as their competitive advantage.
Although Asian governments are currently floundering, the overseas Chinese networks continue to prosper. The authors explain the following to Eastern and Western managers:
the sources and characteristics of overseas Chinese management,
how to combat the overseas Chinese,
the strengths and exploitable weaknesses of the overseas Chinese,
whether overseas Chinese management practices will spread in the same way as Japanese management did,
whether Western management technologies will find themselves outclassed.
A feature of the book are the exclusive, in-depth interviews with the New Asian
Emperors since most of them avoid the press and little is known of them.
- Develops a systematic theory of the Overseas Chinese networks and how they strategize
- Draws on interviews with CEOs of major Overseas Chinese companies, many of whom have never granted interviews before to academics

Britain's Economic Performance (Hardcover, 2nd edition): Tony Buxton, Paul Chapman, Paul G. Chapman, Paul Temple Britain's Economic Performance (Hardcover, 2nd edition)
Tony Buxton, Paul Chapman, Paul G. Chapman, Paul Temple; Introduction by Sir Geoffrey Chandler
R6,002 Discovery Miles 60 020 Ships in 12 - 17 working days

Second revised edition which provides an assessment of the current state of the supply-side of the economy. Includes an examination of Britain's role in the EU and the implications of the social chapter, an analysis of the structure of British industry since the end of the Cold War, and an assessment of the resources available in the year 2000.

Money - From Bronze to Bitcoin, the True Story of a Made-up Thing (Paperback, Main): Jacob Goldstein Money - From Bronze to Bitcoin, the True Story of a Made-up Thing (Paperback, Main)
Jacob Goldstein
R285 R225 Discovery Miles 2 250 Save R60 (21%) Ships in 3 - 5 working days

Humans invented money from nothing, so why can't we live without it? And why does no one understand what it really is? In this lively tour through the centuries, Jacob Goldstein charts the story of this paradoxical commodity, exploring where money came from, why it matters and whether bitcoin will still exist in twenty years. Full of interesting stories and quirky facts - from the islanders who used huge stones as a means of exchange to the merits of universal basic income - this is an indispensable handbook for anyone curious about how money came to make the world go round.

The Evolution of China’s Political Economy (Hardcover): Rich Marino The Evolution of China’s Political Economy (Hardcover)
Rich Marino
R3,760 Discovery Miles 37 600 Ships in 12 - 17 working days

For years, China’s rapid economic transformation was hailed as a successful project that lifted hundreds of millions of people out of poverty. However, in recent times, the Chinese narrative has taken a more negative turn in the eyes of the West. Much of this has to do with the US perception about the role of the Chinese state in its economy and its military build-up, especially in the South China Sea. There’s no question, China’s complex economy can be difficult to understand. Information is often unclear and incomplete, and its data are not always reliable. However, this book presents the reader with a clear picture of China’s economy and how it compares to other advanced economies, mainly the United States. The book unwraps the key features and structures of China’s economy. Moreover, it examines and shows the similarities and differences in comparison with other like economies. In that effort, it underscores the differences by evaluating their benefits as well as their disadvantages, against the backdrop of China’s incomplete transition to a market economy. This along with its governance structure becomes the crucial components shaping the way key stakeholders will act and react to opportunities and incentives as that economy evolves. The book supplements the definition of globalization for the academic, the student, the professional and anyone else interested in its positive and negative effects. It is also a good fit for anyone who wants to understand China’s three elements of political economy: global trade, political power and its image on the global stage.

Monetary Theory: 1601-1758 (Hardcover): Antoin Murphy Monetary Theory: 1601-1758 (Hardcover)
Antoin Murphy
R35,602 Discovery Miles 356 020 Ships in 12 - 17 working days

This six-volume set contains the writings of the earliest pioneers of monetary theory. It contains some 28 texts, beginning with Gerard de Maynes' "A Treatise of the Canker of England's Common Wealth" (1601) and ending with Joseph Harris' "An Essay on Money and Coins" (1757/58). It contains some 28 texts, beginning with Gerard de Maynes' "A Treatise of the Canker of England's Common Wealth" (1601) and ending with Joseph Harris' "An Essay on Money and Coins" (1757/58). Many of the texts reproduced are both rare and difficult to read in their original form. Here each text has been carefully re-typeset and produced in its entirety, which should give scholars full access to this area of monetary theory. The material is organized chronologically, and begins with early mercantilist writings which explore the crucial relationship between money and trade.

Currency Convertibility - The Gold Standard and Beyond (Hardcover): Barry Eichengreen, Jaime Reis, Jorge Braga De Macedo Currency Convertibility - The Gold Standard and Beyond (Hardcover)
Barry Eichengreen, Jaime Reis, Jorge Braga De Macedo
R3,926 Discovery Miles 39 260 Ships in 12 - 17 working days

The spread of currency convertibility is one of the most dramatic trends of the late twentieth century. It reflects the desire of policymakers to integrate their economies into the global trading system and to attract financial capital and direct investment from abroad. In this book a team of leading international economists and economic historians look at parallel situations in the history of the international monetary system, focusing in particular on the gold standard. The concluding chapter uses a case study of modern Portugal to draw out implications for modern international monetary relations in Europe and for the rest of the world.

Markets, Unemployment and Economic Policy - Essays in Honour of Geoff Harcourt, Volume Two (Hardcover): Philip Arestis, Gabriel... Markets, Unemployment and Economic Policy - Essays in Honour of Geoff Harcourt, Volume Two (Hardcover)
Philip Arestis, Gabriel Palma, Malcolm Sawyer
R6,607 Discovery Miles 66 070 Ships in 12 - 17 working days

Geoff Harcourt has made substantial and wide-ranging contributions to economics in general and Post-Keynesian economics in particular. In these volumes more than 80 of the world's leading economists pay tribute to, and critically evaluate, his work.
"Markets, " "Unemployment and Economic Policy" addresses: the methodological foundations of economic analysis; the theoretical and empirical studies of alternative economic systems; and specific issues in economic policy including privatization and unemployment. Contributors include: Tony Atkinson, Tony Lawson, Edward Nell and Ian Steedman.

The Italian Economy in the 1990s (Hardcover): P. Doole, S. Mortali, S. Persuad, Prof H M Scobie, H.M. Scobie The Italian Economy in the 1990s (Hardcover)
P. Doole, S. Mortali, S. Persuad, Prof H M Scobie, H.M. Scobie
R5,361 Discovery Miles 53 610 Ships in 12 - 17 working days

The Italian economy has been one of the most turbulent in Europe. Its growth rates have consistently been amongst the highest in the European Community, but concerns about underlying structural weaknesses were highlighted by its ignominious departure from the ERM. Since then, despite continuing political upheavals, the performance of the real economy has been buoyant. "The Italian Economy in the 1990s" presents an authoritative and up to date account of one of Europe's major economies as we reach the middle of the decade. Rich in data, it provides analysis of Italy's economic performance, the labor market, public debt and privatization.

Activist Retail Investors and the Future of Financial Markets - Understanding YOLO Capitalism (Hardcover): Usman W Chohan, Sven... Activist Retail Investors and the Future of Financial Markets - Understanding YOLO Capitalism (Hardcover)
Usman W Chohan, Sven van Kerckhoven
R3,774 Discovery Miles 37 740 Ships in 12 - 17 working days

Contemporary financial markets have been characterized by sociocultural phenomena such as "meme stocks", the Gamestop short squeeze, and "You Only Live Once (YOLO) trading". These are movements led by small-scale retail investors banding together to participate forcefully in financial markets through decentralized but coordinated actions. This book deploys many different subdisciplines to explore the recent ‘power grabbing’ of retail investors and the online environment that enables them to join the ranks of major financial players, and participate in contemporary capitalism. It offers multiple perspectives on the genesis, role, motivations, power, and future prospects of retail investors as a force in contemporary financial markets. Drawing upon the insights of authors hailing from many different countries, the book frames YOLO capitalism through numerous angles that help to explain the context and the importance of activist retail investors in modern financial markets, and thereby explore the possibilities of a transformed financial future with much wider small-scale participation. The book assesses the potential of online - and other - communities in enabling global coordination in impacting or even driving financial and crypto markets, and the challenges that come with it and weighs the competing narratives both positive and negative regarding YOLO capitalism. It strikes a balanced assessment of their legal, cultural, behavioural, economic, and political roles in modern finance. This book will be of interest to a multidisciplinary and interdisciplinary audience of scholars in financial markets, financial regulation, political economy, public administration, macroeconomics, corporate governance, and the philosophy and the sociology of finance.

Exchange Rate Chaos - 25 Years of Finance and Consumer Democracy (Hardcover): Charles R Geisst Exchange Rate Chaos - 25 Years of Finance and Consumer Democracy (Hardcover)
Charles R Geisst
R5,370 Discovery Miles 53 700 Ships in 12 - 17 working days

The Bretton Woods system ensured a quarter of a century of relative stability on the world's financial markets. The quarter of a century which has followed has brought financial chaos and excessive financial volatility. Exchange Rate Chaos: 25 Years of Financial and Consumer Democracy describes and compares US and British financial history during this period. It highlights: * similarites in financial developments between the two countries * consumer democracy: Have the wishes of consumers dominated exchange rate policy? * The decline of the small investor and the hegemony of financial institutions * How the floating exchange rates are manipulated to government advantage One of the few financial histories to deal with the postwar period, this book shows how financial developments have shaped contemporary society and politics.

Dynamics and Income Distribution - The Selected Essays of Irma Adelman, Volume II (Hardcover): Irma Adelman Dynamics and Income Distribution - The Selected Essays of Irma Adelman, Volume II (Hardcover)
Irma Adelman
R4,050 Discovery Miles 40 500 Ships in 12 - 17 working days

Dynamics and Income Distribution brings together Irma Adelman's pioneering applications of econometrics, as well as papers on the poverty and income distribution implications of growth and development. The volume combines some early papers on business cycles and long swings with other pieces focusing on just economic development. With a firm emphasis on the dynamics of income inequality, this volume includes empirical study of how inequality changes with economic development and the conceptual development of dynamic indices of income inequality. Professor Adelman's papers draw on quantitative simulation models and the experience of specific countries to discuss policies to alleviate poverty and reduce inequality. The author argues that trickle-down processes are not likely to reduce poverty sufficiently rapidly. Land reform and the equal access to education need to be focused in order to generate the initial conditions for equalizing economic development. Economic development and poverty reduction, she suggests, require an emphasis on education, on institutions determining access to jobs and resources, and on labour-intensive types of economic growth. With its companion volume, Institutions and Development Strategies, this collection of selected essays makes a significant contribution by improving access to Irma Adelman's pioneering work on the economics and policy of development.

The German Economy (Paperback): E. Owen-Smith The German Economy (Paperback)
E. Owen-Smith
R1,704 Discovery Miles 17 040 Ships in 12 - 17 working days

Germany is clearly the dominant economic force in Europe. It occupies the pivotal position of being at the centre of both the EC and of attempts to rebuild the economies of East Central Europe. "The German Economy" traces German economic policy and growth from 1945 to the present. These include: the German economy in perspective; the regional dimension; fiscal policy; monetary policy; social policy; the labour market; banking and finance; and industry, trade and economic policy. In "The German Economy", Eric Owen Smith has produced a comprehensive account of contemporary German economy. Smith has also published "Trade Unions in the Developed Economies" (Croom Helm, 1981), and "The West German Economy" (Croom Helm, 1983), and edited, with Frick and Griffiths, "Third Party Involvement in Industrial Disputes: A Comparative Study of West Germany and Britain" (Avebury Press, 1988).

Arguing with Zombies - Economics, Politics, and the Fight for a Better Future (Hardcover): Paul Krugman Arguing with Zombies - Economics, Politics, and the Fight for a Better Future (Hardcover)
Paul Krugman 1
R725 Discovery Miles 7 250 Ships in 9 - 15 working days

There is no better guide than Paul Krugman to basic economics, the ideas that animate much of our public policy. Likewise, there is no better foe of zombie economics, the misunderstandings that just won't die. Arguing with Zombies is Krugman "the most hated and most admired columnist in the US" (Martin Wolf, Financial Times) at his best, turning readers into intelligent consumers of the daily news with quick, vivid sketches of the key concepts behind taxes, health care, international trade and more. In this new book, in which he builds on and expands his The New York Times columns and other writings, "the most celebrated economist of his generation" (The Economist), offers short, accessible chapters on topics including the European Union and Brexit, the fight for national health care in the United States, the financial meltdown of 2007-2008, the attack on Social Security and the fraudulent argument-the ultimate zombie-that tax cuts for the rich will benefit all.

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