Barry Eichengreen:: Cassandras and Currency Wars: “Economic analysis, it seems… …is the art of recycling old ideas under new names. So it is with the debate over currency wars, which parallels exactly the 1930s debate over competitive currency devaluation. David Woo, meet Ragnar Nurkse. Nurkse, in… 1944… [argued that] competitive devaluation was a negative-sum game. … Continue reading Morning Must-Read: Barry Eichengreen: Cassandras and Currency Wars