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- Collapse of the dollar on May 28, 2016?
- @tevenski Yes, and you had just as much fun hitting a ball of light back and forth. At the time we all thought that was incredible. Just like kids use to have lots of fun staring at a radio listening to the Lone Ranger or Howdy Doody. It's just a function of what you know.
- Epistemological foundation for AE
- @KennedyFinance Just checked. Your account is up 40% since Jan. of 2016, but still down 2% since you opened it. You stated just before a big rise in the dollar, so your account initially fell by 30%. The dollar has surrendered those gains, and if I'm right its about to get killed.
- China Calls for New Global Reserve Currency to Replace Dollar @SchiffGold https://t.co/PmZH6Zr8SV
- Gold is Doomed
- "Income Inequality" - What Austrians Understand & Liberals Ignore
- July Consumer Confidence unexpectedly plunged to 90.9 from 99.8 in June, hitting its lowest level since Sept. 2014. Forecast was for 99.6.
- @realDonaldTrump If you really want to do something for the good of the country try cutting government spending. If you really want to make America great again, you have to make government small again.
- This is some food for thought especially light of the fact we are ripe for a 1987-style market crash. http://bit.ly/2EIj7Ml
Monday, August 17, 2015
Is there an "Austrian debunk" anywhere for Krugman's texts?
I am doubtful but figure it can't hurt to ask. I ain't knockin' on the textbooks that hard -- I hear the micro book is understandably free from Keynesian bias, and the macro book has more than a few decent aspects too. I have no problem with other points of view; in fact, although I am conceptually quite sympathetic, I haven't done enough reading to decide to what extent I agree with what I know of every aspect of the Austrian school. Instead, it has more to do with the fact that although I didn't read them with an uncritical eye, the macro certainly does have at least some bias, and there's the chance I may have absorbed opinion as fact--and that's never good, but especially unfortunate when talking about such a intellectually bankrupt figure as Krugman.