Also worth a look: Central Bank Myths (about inflation) Drag Down the Global Economy. The economics that justifies the draconian "inflation fight" really is bunk. Excerpt: "World Bank chief economist Michael Bruno and William Easterly asked, “Is inflation harmful to growth?” With data from 31 countries for 1961-94, they concluded, “The ratio of fervent beliefs to tangible evidence seems unusually high on this topic, despite extensive previous research.”
"Only puny secrets need protection. Big discoveries are protected by public incredulity." - Marshall McLuhan
How can you ask for what you want, much less get it, if you don't know the words?
Subscribe to:
Post Comments (Atom)
Cats with jobs
pic.twitter.com/tZ2t2cTr8d — cats with jobs 🛠(@CatWorkers) April 18, 2024
-
Russia "wins" (achieves stalemate after conquering lots of territory) over the long term unless something extraordinary happens....
-
Debt! It's scary! (c) by Mark Dempsey You are as likely to get a straight answer from a conventional economist as you are to get the tr...
-
(c) by Mark Dempsey In its majestic equality, t he law forbids rich and poor alike from sleeping under bridges, begging in the street, and ...
No comments:
Post a Comment
One of the objects if this blog is to elevate civil discourse. Please do your part by presenting arguments rather than attacks or unfounded accusations.