http://www.whichfamouseconomistareyoumostsimilarto.com/
Thursday, August 22, 2013
Wednesday, August 21, 2013
"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design" - F.A. Hayek
Could the above quote from Hayek possibly be more fitting to the debacle that the implementation of Obama Care is turning out to be? How little you really know about what you imagine you can design. And the lack of lawful behavior is a shock too. Don't like something, delay it. Issue a fiat, give it another year. That is not how business is conducted in this country the last time I checked the Constitution. But why should we let something as trivial as that stand in our way? We have a society to engineer. Shove off.
Monday, August 19, 2013
Wednesday, July 24, 2013
Thursday, July 18, 2013
Monday, July 15, 2013
Monday, July 8, 2013
Wednesday, July 3, 2013
Tuesday, July 2, 2013
Read the last two paragraphs. The politics of central banking.
I remember Rick Mishkin gave a speech here at ECU entitled "Modern Central Banking...Has it become like Modern Dentistry?" Of course this was before our little event in 2008. It is hardly dentistry anymore.
http://www.project-syndicate.org/commentary/the-political-entanglement-of-central-banking-by-raghuram-rajan
Monday, July 1, 2013
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