Bretton Woods Goes Back to the Drawing Board

Thing are so bad some people are rethinking everything going all the way back to World War II. The Institute for New Economic Thinking has hosted a second conference at the New Hampshire hotel, rekindling the spirit that existed as the Second World War drew to a close. Their findings defined how the modern world economy has functioned since then. It’s work created the modern foreign currency system and laid the foundation for the creation of the IMF and the World Bank.