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Bertrand de Jouvenel

In this concise and elegant work, first published in 1952, Bertrand de Jouvenel purposely ignores the economic evidence that redistributional efforts sap incentives and are economically destructive....

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...