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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 politicization. Show all posts

Saturday, October 06, 2012

Electronic Errors Caused a Flash Crash In India’s Stock Markets

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Electronic malfunction caused a flash crash in India’s stock market yesterday. From Bloomberg , The plunge and rebound in Indian st...

Thursday, May 24, 2012

Politicization of the Entertainment Industry

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While I am glad to see that the quality of singing artists seems to have immensely improved from participants around the world including the...

Monday, March 29, 2010

What Obamacare and Rising Yields Mean

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``The public will think the health-care system is what Democrats want it to be. Dissatisfaction with it will intensify because increasingl...

Monday, September 21, 2009

The Myths Of Government’s Managing The Economy

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`The paradox of "planning" is that it cannot plan, because of the absence of economic calculation. What is called a planned econom...

A Deeply Embedded Inflation Psyche

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``What deflationists always overlook is that, even in the unlikely event that banks could not stimulate further loans, they can always use t...

Sunday, August 16, 2009

Will China’s Stock Market Correction Spread Globally?

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``We have seen that according to popular thinking, an asset bubble is a large increase in asset prices. A price is the amount of dollars pa...

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