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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label agricultural distortions. Show all posts
Showing posts with label agricultural distortions. Show all posts
Sunday, June 10, 2018

Why Oil Prices Haven’t Been the Principal Cause of Inflation; NEDA’s Failed Model, Inflation’s Crybabies and the Perfect Inflation Storm!

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It is important to realize that there is never any possibility of measuring increases or decreases in happiness or satisfaction. Not o...
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