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.”
"The first principle is that you must not fool yourself and you are the easiest person to fool." - Richard Feynman
"You Yanks don't consult the wisdom of democracy; you enable mobs." - Australian planner
"Do what you can with what you have where you are" - Arthur Ashe
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