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Finance Is Not the Economy (Bezemer & Hudson)

Finance Is Not the Economy by Dirk Bezemer and Michael Hudson

 

 “An economy based increasingly on rent extraction by the few and debt buildup by the many is a feudal model

 The authors thank the editor and two anonymous referees for helpful suggestions that greatly improved this article. Bezemer wishes to thank the Equilibrio Foundation and the Institute for New Economic Thinking for financial support. Any remaining errors are the authors’ own…”

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