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Wed, Dec 24 2008 8:09 PM

Where Mises Went Wrong by Fekete

http://www.financialsense.com/editorials/fekete/2005/0916.html Ludwig von Mises erred when he dismissed what is known as the Fullarton Effect. In 1844 John Fullarton of the Banking School described how low interest rates were resisted by savers in selling...
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