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- To save the stock market while pretending the "recovery" in still on track, the #Fed used low oil prices as its excuse to turn more dovish.
- #janetYellen claims if the economy falters the Fed has the same tools it always had. Too bad printing money and buying bonds never worked!
- Aug. manuf. PMI unexpectedly fell to 52.9, the lowest level since Oct. 2013 and the biggest miss verses expectations in 2 years!
- Blame central bankers for creating an “empty calorie currency” that even Toblerone can’t avoid:… https://t.co/prp3BkZnyv
- November report "Is it True, as David Hume (1711 – 1776) postulated that, "Nothing is esteemed a more certain sign of the flourishing conditions of any nation than the lowness of interest"?" published. https://bit.ly/2y4LJZQ
- @ArensTed 35% at the corporate level, then 24% on the same income at the personal level when paid as dividends.
- Discussion forum: The Continuing Relevance of Anthony de Jasay | by Christopher J. Coyne (Sept. 3, 2015)
- The EU working paper said giving supervisors the power to temporarily block withdraws was “a feasible option.” http://bit.ly/2hKDWvl
- Fed Up Friday – The markets may be betting for a Fed rate hike that will never arrive: https://t.co/jdHrYJEEwK https://t.co/4XtNUhZO7D
- Eric Rauschway on the Gold Standard
Sunday, August 30, 2015
Opinions on Thomas Sowell?
I've read a couple of his books and I have to say I agree with him with him for the most part. Granted he doesnt focus on monetary theory or any theoretical economics really, which is probably where most austrians would disagree with him. I know he was a colleague of Milton Friedman(some of you guys here dont like him) but he doesnt seem to have been a perfect disciple. Basically I'm curious as to what members here think Thomas Sowell and what the establishment seems to think of him(Mises Institute, FEE, etc).