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The documentary Demographic Winter features the Nobel Prize-winning Chicago economist Gary Becker , inter alii . It shows how economists and demographers are predicting a peak in world population by circa 2050. Gary Becker et al. argue that birthrates are the best economic indicator. Is this true? What...
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I was having a conversation with a friend of mine about how, well, the fed has done more harm than good. I had cited a few examples, but he countered with GDP growth and how it has grown so much. I'm not too well read in Austrian economics just yet (Just ordered Human Action a week ago, and other...
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I think that President Obama plans to borrow more US dollars back from the Foreigners that earned the US dollars manufacturing US consumable products and then provide temporary jobs for unemployed US citizens to construct "Pork Barrel" projects, or rake leaves, or dig a hole today and then...
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I'm sold on this whole idea of the fed supply printing money erodes its value and understand the principal + Interest = Boom / Bust cycle. How do you grow an economy without it ? surely it would have taken us another 100 yrs just to get where we are today. I understand that the growth we have experienced...