In the mid-19th century, a new political movement arose: socialism. Germany was its epicenter. The German Karl Marx was its leading thinker, and the Social Democratic Party of Germany its leading...
Robert F. Bruner, Sean D. Carr
Why do markets crash and bank panics happen? Conventional wisdom has gathered, like iron filings, at two intellectual poles: at one extreme is a hodge-podge of idiosyncratic, period-specific causes...
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