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- Aug. manuf. PMI unexpectedly fell to 52.9, the lowest level since Oct. 2013 and the biggest miss verses expectations in 2 years!
- RT @tomselliott: That CEO who raised everyone's pay to$70K? Turns out he was just trying to fend off a lawsuit. And he's a wifebeater http://bit.ly/1PsGND6
- 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
- Negative Interest Rates: A Golden Opportunity http://bit.ly/1S3gZJk @SchiffGold
- @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
- Against Austrian business cycle theory
Friday, March 25, 2016
What is your opinion on Reaganomics?
It is often claimed that the statistics prove that Reaganomics failed. It is also claimed (by different people who claim the former) that Reaganomics was the closest the US has come to implementing an Austrian type approach to economic policy. If both claims are true then why should we keep trying to implement these types of policies, such as decreased taxes, other than for the moral reasons which we all are aware of. And if one, or both, of the claims are false, why ? I am posing this question out of curiosity to what this community thinks. I am not advocating that one or both claims are true or false.