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| Banking and Policy Issues Magazine |
December 2001
Top of the Ninth
Gary Stern, president of the Federal Reserve Bank of Minneapolis,
discusses the appropriate role of the Fed in the shift from paper
checks to electronic payments.
Railroad Redux
A look at a study by two Minneapolis Fed economists on the railroads'
impact on the U.S. economy.
A Million Mutinies
An excerpt from Lectures on Economic Growth by Robert
E. Lucas, Jr.
Assessing the Euro
Three Years After Its Launch
Noted economist Anna Schwartz shares her skepticism on the success
of a united European currency.
Cost v. Benefit: Clearing the
Air
Should the government consider costs when setting standards for clean
air? In a case with wide-ranging implicationsand against the advice
of 42 eminent economiststhe U.S. Supreme Court just ruled 'no'.
Anti-dumping: The Free-Trade
Antacid
The use of anti-dumping and countervailing duties has increased
around the globe, born from protectionist tendencies most countries
have toward their home industries.
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Interview
with Tommaso
Padoa-Schioppa
A charter member of the Executive Board of the European Central Bank
discusses the evolution of that institution, the upcoming rollout
of the euro in 12 European countries and how the ECB and the Fed compare,
among other issues. |
Remembering When ...
Multi-function check processing machines were installed at
the Cleveland Fed in 1946.
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