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- Austrian economics says that when there are higher wages, there is higher unemployment and when there are lower wages there is lower unemployment. Yet empirical data contradicts this. How do Austrain economists respond?
- Rickards notes the Fed’s main inflation indicator has been moving in the “wrong” direction since January. http://bit.ly/2v22MZj
- Dandia dhamaal
- Inflows of gold into ETFs are significant in their effect on the world gold market, pushing overall demand higher. http://bit.ly/2nzrmCc
- The palladium market could hit a deficit of 830,000 ounces this year. http://bit.ly/2yPU1rr
- There is plenty of evidence of downward nominal wage flexibility
- From CNBC. http://bit.ly/20rm4mp
- “How ‘Natural’ Is the Government Monopoly over Money”
- Don’t Be Fooled By Our Current Price Stability
- Deflationary spiral in a commodity based currency
Thursday, August 27, 2015
Business Plan (Inspired by Austrian Economics)
I was not sure if it would be appropriate to post about a business idea here. But, I wanted to discuss the idea with individuals who understand Austrian Economics (mainly the theories related to capital and capital goods). So, if you understand capital goods as Austrians do please send me a message and I will explain my idea. Thank You, Patrick J Potter