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Economy Blog

"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."
Ludwig von Mises in Human Action (Chapter XX)

Friday, December 11, 2009

The Myth that Laissez Faire Is Responsible for Our Present Crisis
Posted by Rob at 10:08 AM

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Books I'm reading

  • World Economic Forum: Global Competitiveness Report
  • George Orwell: 1984
  • Zbigniew Brzezinski: The Grand Chessboard
  • Richard Heinberg: The Party's Over
  • Jim Rogers: Hot Commodities

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Rob
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