Joint post by Willem H. Buiter and Anne C. Sibert. Virtually the same post appeared on September 2 on Martin Wolf’s Economists’ Forum. In his column ‘Central Banks should not rescue fools’, Martin ...
"Lemon" products are items that perform poorly. Simply put, they're bad purchases. People buy lemons because they lack the correct information: that is, if they knew that a product was a lemon, they ...
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