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Where the Nobel Prize for economics came from

  In 1951, U.S. central bankers re-established their autonomy after almost two decades of taking orders from the Treasury Department with the Treasury-Federal Reserve Accord. In 1955-56, the German Bundesbank, which had its autonomy guaranteed in the country’s new constitution, successfully withstood a political assault from Chancellor Konrad Adenauer. In Stockholm, the governor of the Riksbank, Per Ã…sbrink, looked on ...

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Some Democrats stay quiet on US voting reforms

  Remember how some Democrats were making a big deal about voting reforms earlier this year? They promised that if they won they would push for automatic voter registration, voting for ex-felons and better administration of elections. The good news for advocates of making voting easier is that the Democratic national platform wound up having a strong plank supporting reform. ...

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Good living conditions can stop African migrant flow

  German Chancellor Angela Merkel has realized it the hard way that the source of migration needs to be addressed. The jolt she received in the regional polls must have been a rude awakening for her. The outcome of the elections was reason enough for her to delve deeper into the refugee problem and go beyond the open-door policy. She ...

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