Jon Nicolaisen: Can crises be curbed?
By Bank for International Settlements (BIS)
In this thought-provoking speech delivered at the Norwegian Academy of Science and Letters, Jon Nicolaisen, Deputy Governor of Norges Bank, revisits the historic intellectual clash between John Maynard Keynes and Friedrich Hayek to address a modern question: Can economic crises be effectively curbed without sowing the seeds of future ones?
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