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| Topic: |
Book Reports
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| Number of pages / Number of words: |
4 / 1059 |
Essay's paper body
That is, instead of acting as a insurer (substituting certainty for uncertainty) central banking has taken on some aspects of a casino (substituting uncertainty for certainty).
In this paper reference is made to the credit crunch of 1966. The “crunch†was a miniature financial panic. Effective action by the federal reserve and the other financial authorities prevented the escalation of the crunch into a full-fledged money market panic...
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The “crunch†was a miniature financial panic. Effective action by the federal reserve and the other financial authorities prevented the escalation of the crunch into a full-fledged money market panic. Nevertheless, the crunch did bring a pause to a runaway investment boom and it did induce some (perhaps transitory) conservatism into portfolios...
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General points of the essay
Age of uncertainty
Decision Making under Certainty, Uncertainty, and Risk
Estimating Demand Uncertainty
uncertainty
uncertainty in our life
Knowledge and Certainty
The Uncertainty Of Perception
How is Certainty possible?
Absolute Certainty
Quest For Certainty
Chemistry Lab Measurement and Uncertainty
Experimental Uncertainty and Error Analysis
Is science founded on uncertainty?
Uncertainty Reduction Theory
Data Analysis And Experimental Uncertainty
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