The new Bretton Woods: economies of scale.

21st October, 2008

A new Bretton Woods: To save economies and the planet, we must tame markets,upsize the state, and downsize the global single market.  This piece is derived loosely from the book I edited at the new economics foundation “Real World Economic Outlook” (Palgrave, 2006). The proposal for an International Clearing Agency draws on John Maynard Keynes’ proposal for an International Clearing Union, but also on additional insights by Jane D’Arista of the Financial Markets Center in the US.

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