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In the midst of our economic slowdown, the U.S. Treasury Dept has issued what they are calling the "Blueprint for Financial Regulatory Reform". The highlights, as given by an article on Yahoo!'s website , are as follows: --designate the Fed as the primary regulator for market stability...
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I am studying for an exam on Control Theory (the mechatronics stuff) and it came to my mind that I could prove (showing the absurd) the impossibility of controlling economic cycles. My first idea was to demonstrate that when central banks or economic ministers try to control the economy they are actually...