The Broken Window
It is this third person who is always kept in the shade, and who, personating that which is not seen, is a necessary element of the problem.
It is this third person who is always kept in the shade, and who, personating that which is not seen, is a necessary element of the problem.
"Where the state is god and the 'public interest' worshipped, individual man will be found bleeding upon the altar."
"A fall in normal credit (i.e., credit that has an original lender) doesn't alter the money supply and hence has nothing to do with deflation."
In light of the recent multitude of chances for the population at large to be gently introduced to the shenanigans of our Federal Reserve System, I have hope that the lights may come on for enough people before it is too late.
Given that we have rising unemployment, a reduction in minimum-wage rates might bring relief to some unemployed workers.
"Thus, the famous 'one-in-eight' hungry Americans include all Americans living in households that, until 2005, were described as food insecure, but without hunger."
it needs to be noted that the hypothesis of the superneutrality of money is expressive of the empiricist-positivist approach of modelling economics according to the natural sciences.
"Some illnesses are not insurable without destroying the insurance system."
"For more deadly epidemics the importance of competition cannot be overstated."