Montag, 20. Oktober 2008

The Art of Stabilizing an Economy (KIndleberger)

1 maintaining a relatively open market for distress goods;
2 providing countercyclical, or at least stable, long-term lending;
3 policing a relatively stable system of exchange rates;
4 ensuring the coordination of macroeconomic policies;

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Quia Emptores (medieval Latin for "because the buyers", the incipit of the document) was a statute passed by Edward I of England in 1290 that prevented tenants from alienating their lands to others by subinfeudatio