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Financial repression "played an important role in reducing debt-to-GDP ratios after World War II" by keeping real interest rates for government debt below 1% for two-thirds of the time between 1945 and 1980, the United States was able to "inflate away" the large debt (122% of GDP) left over from the Great Depression and World War II. [2]
Ronald Ian McKinnon (10 July 1935 – 1 October 2014) was an applied economist. His primary interests were international economics and economic development, with strong secondary interests in transitional economies and fiscal federalism.
Tower of Power performing in 2014. Tower of Power (TOP) is an American rhythm and blues band from Oakland, California.Formed in August 1968, the group is centred on a horn section which originally featured tenor saxophonists Emilio "Mimi" Castillo and Steven "Skip" Mesquite, baritone saxophonist Stephen "Doc" Kupka, and trumpeters Greg Adams, David Padron, Mic Gillette and Ken Balzell.
Marlena Shaw Live at Montreux (1973) From the Depths of My Soul is an album by American vocalist Marlena Shaw recorded in 1973 and released on the Blue Note label. [2]
The first elections to the new Manchester City Council were held on Thursday, 10 May 1973. The election created the entire 99-member council (three councillors to each ward), which shadowed its predecessor corporation before taking over its functions on 1 April 1974, as specified in the Local Government Act 1972.
Evening in Byzantium is a 1978 American two-part, four-hour made-for-television drama film produced by Glen A. Larson Productions and Universal Television, and directed by Jerry London, about the Cannes Film Festival being overtaken by terrorists.
May 08, 1973 Redcliffe Plantation State Historic Site is a state park in South Carolina , United States. Redcliffe Plantation, also known as Redcliffe , completed in 1859, is a Greek Revival plantation house located on the site that is listed on the National Register of Historic Places .
23 June 1973: v Tonga at Sydney 562: Owen Stephens: wing: 23 June 1973: v Tonga at Sydney 563: Chris Carberry: hooker: 30 June 1973: v Tonga at Brisbane 564: Eric Tindall: scrum-half: 30 June 1973: v Tonga at Brisbane 565: Tony Shaw: no. 8: 10 November 1973: v Wales at Cardiff 566: Bruce Battishall: flanker: 17 November 1973: v England at ...