Austrian Economics Newsletter
Author:
Gene Epstein
Online Publish Date:
A boss once told me that I?m the only person he?d ever met who reads fat tomes on economic theory for fun! But economics is fun. If you read the right books, you find with Wall Street. Their constant refrain was to predict a future of moderate growth, tame inflation, and an upwards tick in unemployment. Greenspan, year after are called on to predict the future, and you have no great imagination about where economic growth is going to go, your natural fallback position is to a middle course.