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MONITARISM, SANCTIONS & TERROR FINANCING 

A LOOK AT CENTRAL BANK INDEPENDENCE & HOW TO FIX THE INDIAN ECONOMY

5/31/2019

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'Don't Exacerbate The Problems': Raghuram Rajan's Advice To Modi 2.0 On Economy
featuring Raghuram Rajan via Business Today
Listing out his views on economic agendas for the new government, former RBI governor Raghuram Rajan has said the new dispensation needs to address the fiscal gap and revive agriculture, power and banking sectors. In his latest blog post, which was co-written with Abhijeet Banerjee, Rajan said both the Centre as well state governments should target to reduce fiscal deficit to FRBM (Fiscal Responsibility and Budget Management Act)-suggested 5 per cent by 2023. For this, there is a need to create better compliance and progressive taxation, he said. He also suggested that a Centre-state council modelled on the successful GST Council could be formed to ensure fiscal federalism.
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THE MULLAH'S ARE BUCKLING UNDER US LED SANCTIONS REGIME, IRANIAN DECEPTION AND US LED DETERRENCE

5/23/2019

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Defying Predictions, Iran Sanctions Exert Unprecedented Impact
Fars News, the Spider Net of Lies and Deception
The imperative of deterrence  We invite aggression if our enemies believe “America cannot do a damn thing”
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AQUINAS AND THE MARKET

5/20/2019

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Mary Hirschfeld On Economics, Culture, And Aquinas And The Market
by Russell Roberts via EconTalk
Author, economist, and theologian Mary Hirschfeld of Villanova University talks about her book, Aquinas and the Market, with EconTalk host Russ Roberts. Hirschfeld looks at the nature of our economic activity as buyers and sellers and whether our pursuit of economic growth and material well-being comes at a cost. She encourages a skeptical stance about the ability of more stuff to produce true happiness and/or satisfaction. The conversation includes a critique of economic theory and the aspect of human satisfaction outside the domain of economists.
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MODERN MONETARY DISASTERS

5/17/2019

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Modern Monetary Disasters
Sebastián Edwards, Project Syndicate
America's Illusions of Growth
Jeffrey Sachs warns that buoyant GDP and unemployment data are obscuring alarming indicators of actual wellbeing in the US.
The Return of Fiscal Policy
Barry Eichengreen explains why deficit spending, not monetary policy, now holds the key to ensuring stable and equitable growth.
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IRANIAN TERROR FINANCING FOR ASSAD & THE US MEANS TO SHUT IT DOWN

5/16/2019

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Iranian Tankers Relieve Pressure of Oil Sanctions on Assad
David Adesnik | Director of Research
Iran Plans to Continue Its Oil Exports. Washington Has the Means to Shut Them Down.
Saeed Ghasseminejad | Senior Iran and Financial Economics AdvisorMatthew Zweig | Senior Fellow
China seen resuming oil imports from Iran 
China is believed to have resumed importing oil from Iran despite an abrupt halt following the United States’ revocation of sanctions waivers, Bourse & Bazar reported today. The report said a company that tracks tankers had noted that a vessel believed to be heading for China is carrying 2 million barrels of Iranian crude oil. The tanker began its journey the same day that Foreign Minister Mohammad Javad Zarif arrived in Beijing for talks on “regional and international issues.” Beijing has long been Tehran’s largest oil customer.  
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THE STORY ON STAGNATING WAGES IS WRONG

5/16/2019

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The story of stagnating wages was mostly wrong
Michael R. Strain | Bloomberg Opinion 
The argument that wages have been stagnant for decades except for those at the very top, frequently echoed by politicians, pundits, and even some economists, is based on flawed and misleading measures of wage growth.
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SANCTIONS AS FOREIGN POLICY

5/15/2019

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Assessing the Use of Sanctions in Addressing National Security and Foreign Policy Challenges
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Subcommittee on National Security, International Development and Monetary Policy
 Matthew Zweig | Senior Fellow
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HOW THE FEDERAL RESERVE UNDERSTANDS ITSELF

5/8/2019

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What Does the Fed Know that Nobody Else Knows?
by Alex J. Pollock
Central banks usually feel the urge to pretend to know more than they can, in order to inspire “confidence” in themselves. Read More »
economists_often_don’t_know_what_they’re_talking_about_-_the_washington_post.pdf
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the_federal_reserve_is_flying_blind_on_inflation_-_wsj.pdf
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STEPHEN MOORE DROPS FED NOMINATION & FORBES LOOKS AT INCOME INEQUALITY

5/3/2019

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my_brush_with_personal_destruction_-_wsj.pdf
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The Real Reason for Income Inequality? The Fed
Josh Hammer & Todd Stein, Fortune
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DEFICIT REDUCTIONS & FISCAL EXPANSIONS

5/3/2019

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When deficit reduction poses as fiscal expansion 
James C. Capretta | RealClearPolicy
Fed's 2 Percent Inflation Target Is 'Fine,' John Taylor Says
with John B. Taylor via BloombergHoover Institution fellow John Taylor discusses the state of monetary policy.
The Fiscal Roots Of Inflation
by John H. Cochrane via The National Bureau Of Economic Research
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Unexpected inflation devalues nominal government bonds. This change in value must correspond to a change in expected future surpluses, a change in their discount rates, or a contemporaneous change in nominal bond returns.
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    Author

    An authority on Civil-Military Relations; Southwest Asian Political Economy, and Pentagon Acquisition Reform .


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    CASE FOR MONETARY REGIME CHANGE
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    THE FED & THE PROFESSOR STANDARD
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    ENOUGH WITH RENTIER ECONOMICS
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    STRUCTURAL HISTORY OF ECONOMICS
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    FOUNDATIONS OF ECONOMICS


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    FOUNDATION for ECONOMIC EDUCATION


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    SERGEY ALEKSASHENKO FORMER RUSSIAN CENTRAL BANKER

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    THE GRUMPY ECONOMIST

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    ROBERT SAMUELSON WASHINGTON POST

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    JOHN B. TAYLOR ECONOMICS ONE BLOG

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    MILTON FRIEDMAN COLLECTED WORKS HOOVER

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    ALLAN MELTZER HOOVER INSTITUTION

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    KEVIN WARSH HOOVER INSTITUTION

    KEYNES VS. HAYEK RAP

    KEYNES VS. HAYEK RAP ROUND 2

    Federal Reserve Needs New Thinking wsj pdf
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    What Uber Can Teach the Fed pdf
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