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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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The Bank of Japan fell further behind its global peers on efforts to promote gender equality as it returned to an all male lineup of executive directors after reshuffling its senior positions. Tokiko Shimizu, the central bank’s first and only female director, will be replaced by Kazushige Kamiyama after finishing a four-year term, the BOJ said Monday. All ...