Richard duncan economist biography examples

Richard Duncan is the author of four books analyzing the causes and the effects of the economic crises that have brought the global economy to the brink of collapse during recent decades.

The Dollar Crisis: Causes, Consequences, Cures (2003) explained why a worldwide economic calamity was inevitable given the flaws in the post–Bretton Woods international monetary system. It was an international bestseller.

Richard duncan economist biography examples for kids

The Corruption of Capitalism (2009) described the long series of U.S. policy mistakes responsible for the Crisis of 2008. It also outlined the policies necessary to permanently resolve it. The New Depression: The Breakdown of the Paper Money Economy (2012) introduced an important new analytical framework, The Quantity Theory of Credit, that explained all aspects of the global economic crisis that began in 2008: its causes, the rationale for the government’s policy response to the crisis, likely future developments and how those developments could affect asset prices and investment