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There are certain names that echo down from the history of finance and economics. Adam Smith is one. Milton Friedman is another. So does the British economist John Maynard Keynes. Keynes’ was, and famously remains, an advocate of government deficit spending in a recession. It’s hard to imagine now how radical this position was in the decade before the ...
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post: ? YELLEN: CHINA IS `NOT REALLY PLAYING BY THE RULES' ON TRADE post: US TREASURY SECRETARY YELLEN: IT IS UNACCEPTABLE TO BE DEPENDENT ON CHINA IN KEY INDUSTRIES. post: US TREASURY SECRETARY YELLEN: WE DO NOT WISH TO DISENGAGE ECONOMICALLY WITH CHINA. post: US TREASURY SECRETARY YELLEN: ANY STEPS ON CHINA SHOULD BE TARGETED, AND NOT BROAD-BASED.