Tag Archives: historical statistics of the United States
Never Mind Their Distrust of Data and Forecasts; Austrians Can Help You Predict the Economy
[O]f all the economic bubbles that have been pricked, few have burst more spectacularly than the reputation of economics itself. – From The Economist, July 16, 2009. It’s been five years since the The Economist magazine published the critical commentary … Continue reading →
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Tagged A Few Good Men, Austrian economics, credit booms, Detlev Schlichter, economic forecasting, Great Depression, great stagnation, historical statistics of the United States, John Maynard Keynes, mainstream economics, Minskyites, Murray Rothbard, Paul Krugman, Paul Samuelson, personal savings rates, private debt, The Economist
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