Working Paper No. 908 June 01, 2018

Twenty Years after the Fall of the Berlin Wall

Rethinking the Role of Money and Markets in the Global Economy

by Walker F. Todd, and W. Lee Hoskins

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Bard College
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The Levy Economics Institute of Bard College, founded in 1986 through the generous support of Bard College trustee Leon Levy, is a nonprofit, nonpartisan, public policy research organization. The Levy Institute is independent of any political or other affiliation, and encourages diversity of opinion in the examination of economic policy issues while striving to transform ideological arguments into informed debate.