Celebrating humanity's flourishing through the spread of capitalism and the rule of law
25 Feb 2015 2 Comments
in budget deficits, business cycles, economic growth, F.A. Hayek, fiscal policy, global financial crisis (GFC), great recession, macroeconomics, monetary economics Tags: Austrian real business cycle theory, Edmund Phelps, FA Hayek, Keynes in macroeconomic policy
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Utopia, you are standing in it! 
Feb 26, 2015 @ 09:26:15
just when the GFC showed Keynesian economics worked and Classical economics most certainly didn’t.
how come he didn’t point to Greece, Ireland ,Estonia etc as fantastic successes!
how come you lot NEVER make your beliefs to market.
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Aug 05, 2015 @ 02:08:09
As long as individuals, corporations, and governments insist on excessive credit creation and the use of excessive debt to finance current living expenses technology can never offer any solutions to a depress economy. Technology only creates money out of thin air for the venture capitalists when they foist excessive debt loads of new companies with minimal incomes or no income at all. The public is left holding the bag in the belief that economic miracles will happen and make them rich. Credit only leverages the current consumption, not the future income.
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