Booms and Busts

Displaying 1091 - 1100 of 1786
Douglas French

"Deflation is one of the great scarecrows of present day economic policy and monetary policy in particular,"

Douglas French

Combine loose money with flawed financial theories and the creation of byzantine financial products, and ultimately modern financial alchemy "has a distinctly statist and paternalist tone, and one which, taken to its logical conclusion, implies the establishment of nothing less than a world government with the power to redistribute most of our income at will," explain the authors.

Mark R. Crovelli

"The necessary result of the adoption of this empiricist epistemological and methodological model was that social scientists would always be behind the curve of any emerging social phenomenon."