Carolina Quotes
[T]his book is dedicated to a new kind of economics that promotes Capitalism with a Human Face.

John Komlos Connected to the Carolinas

Source

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work
Foundations of Real-World Economics (2019)
year
2019

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“[T]his book is dedicated to a new kind of economics that pro…” John Komlos. Carolina Quotes, record CQ-30DC34DAB7. https://carolinaquotes.com/quote/30dc34dab7

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Here is the Lehman Brothers, 2008... the assets of the Federal Reserve is under $1 trillion... and within weeks you have more than a doubling of the assets of the Federal Reserve, and then comes quantitative easing 2 and... 3 and by that time you're at $4 1/2 trillion... and then... comes the Covid crisis and we're up to $7 trillion. Now... that kind of a Capitalism is unsustainable. ...[N]o wonder that there is asset inflation as a consequence... and the stock market went through the roof.
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In the United States, beginning with the birth cohorts of the 1830s, adult male stature declined, by more than two centimeters. Men appear to have been quite underweight... an average... of 126 pounds... in their late teen-age years, even though... the economy was expanding rapidly... (between 1840 and 1870, per capita net national product increased by more than 40%). In the Hapsburg Monarchy, the decline in stature during the second half of the eighteenth century was between three and five centimeters. A similar pattern was found for industrializing Montreal. The birth weight of infants there fell after the 1870s, indicating that the nutritional status of mothers was declining.
On the Significance of Anthropometric History (1994)

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