Mises Daily
Author:
Philipp Bagus
David Howden
Online Publish Date:
(the option-pricing model), says Ragnar Arnason, a professor of fishing economics at the University of Iceland, who watched students flee the economics of fishing for the economics of money. “The schools of engineering and math rate of 20–30% per annum every year between 2002 and 2007 (figure 5). Figure 5: M1 growth rate (%) Source: Central Bank of Iceland, Statistics (2009) Additionally,