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Alexis de Tocqueville

In 1831, Alexis de Tocqueville and his friend Gustave de Beaumont visited the United States on behalf of the French government to study American prisons. In their nine months in the U.S. they studied...

Fischer Black

Throughout his career Fisher Black has described a view of business fluctuations based on the idea that a well-developed economy will be continually in equilibrium. In the essays that constitute this...