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- Search found 3 items for:
- Monetary Theory
- Art Carden
Mises Daily
Author:
Art Carden
Online Publish Date:
Markets are ruthlessly efficient, meaning in large part that people will not undertake investment projects with risk characteristics that are not aligned with savers’ preferences. All profitable opportunities will be exploited in equilibrium, and no potentially profitable projects will be left undone. One of the unfortunate consequences of
Mises Daily
Author:
Art Carden
Christina Magrans
Online Publish Date:
Can the monetary system regulate itself, or does it require oversight by government regulators? According to Lawrence H. White, who gave a lecture entitled “Can the Monetary System Regulate Itself?” at Rhodes College this past March the answer to the first question is “yes” and the answer to the second question is “no.” [1] According to