-
It states that countries can only have two of the three generally desirability’s: capital mobility, a stable exchange rate or monetary independence.
-
Here's a story I just wrote to help explain what the Fed's doing to wreck our economy. Please let me know if it helps. Normal 0 false false false MicrosoftInternetExplorer4 The Three Little Pigs and the Federal Reserve Crisis In their later years, they bought a yacht and sailed the seven seas...
-
[quote user="Jon Irenicus"] Surely not houses? They're durable consumers' goods. I think any good sensitive to interest rate fluctuations is likely to experience a boom, whether capital or durable consumer good, though the Austrian theory tends to frame it in terms of capital vs consumer...
-
This is an interesting topic. While wages and taxes are higher here, there is some offset to this due to reduced distribution costs. It is sad that the government economists and politicians don't realize how their inflationary policies and taxes on capital have led to the departure of these capital...
-
1) In "Anti-Obamanomics: Why Everyone Should Be in Favor of Reducing Taxes on the 'Rich'" Reisman writes : Other people's means of production, other people's capital, are the source both of the supply of the goods one buys and of the demand for the labor one sells. The greater...