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Blaming That Cold Weather Culprit

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Tags The EnvironmentU.S. EconomyEntrepreneurship

08/27/2014Devin Leary-Hanebrink

The Fed and it's friends blamed cold weather for much of the year's lackluster economic growth. But cold weather does not explain the economic slowdown because cold weather does not stop economic activity, it merely shifts it to other activities and products, writes Devin Leary-Hanebrink. This audio Mises Daily is narrated by Allan Davis.

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