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Economics

This category contains 28 posts

When Everyone Has Bad Credit…

By Ted Barnhart I’ll give them heroics. I’ll give them the most spectacular heroics they’ve ever seen! And when I’m old and I’ve had my fun, I’ll sell my inventions so everyone can be superheroes! Everyone can be super! And when everyone’s super, [laughs maniacally] no-one will be.                           … Continue reading

Krugman vs. Murphy

In case you missed it last week (or if you have better things to do than follow a debate between economic professors), Paul Krugman – Nobel Laureate and the New York Times’ answer to Justin Bieber – devoted a blog entry to discussing the Austrian Business Cycle Theory as explained by professor Robert Murphy. While … Continue reading

Professor Plum, With the Revolver, in the Library: Who Caused the Financial Crisis and How Did They Do It?

Right up until that fateful week in September of 2008 when Lehman Brothers, Fannie Mae, Freddie Mac,Merrill Lynch and AIG all imploded; most media, government and financial professionals, either could not, or would not acknowledge the economic disaster that was unfolding before their eyes. Of course, now that the horse has escaped the barn, these … Continue reading

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