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John Millar

"The Origin of the Distinction of Ranks" is one of the major products of the Scottish Enlightenment and a masterpiece of jurisprudence and social theory. Building on David Hume, Adam Smith, and their...

Viral V. Acharya, Matthew Richardson , Stijn Van Nieuwerburgh, Lawrence J. White

The financial collapse of Fannie Mae and Freddie Mac in 2008 led to one of the most sweeping government interventions in private financial markets in history. The bailout has already cost American...