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This study presents the libertarian ideas of Milton Friedman, the Nobel Prize in Economics awardee in 1976 and the most influential libertarian of the twentieth century. Specifically, the foundations of Milton Friedman's libertarianism, which are private property rights, competitive markets,...
The quality of mortgage loans had been deteriorating since 2001, when interest rates were consistently below 3 per cent for several years. Housing prices dropped substantially since their high in 2006. Securitisation involves various tensions between market participants and is based on several...
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