Showing posts with label price system. Show all posts
Showing posts with label price system. Show all posts
Monday, June 23, 2014

Phisix: BSP Under Pressure: Raises SDA Rates and Invokes Banking Stress Test

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As with a crumbling sand pile, it would be foolish to attribute the collapse of a fragile bridge to the last truck that crossed it, and eve...
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Wednesday, January 30, 2013

Video: Hayek on the Importance of Price Signals

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In the following video, the great Austrian economist Friedrich von Hayek clarifies on some of the popular misconceptions on the free mark...
Friday, October 26, 2012

Quote of the Day: The Knowledge Problem

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As with Hayek’s work, central to Pennington’s book is a deep understanding of the knowledge problem.  This of course involves understandi...
Friday, May 27, 2011

Two Ways to Interpret Gold’s Acceptance as Collateral to the Global Financial Community

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Prices influence people’s behaviour. The persistent trend of rising gold prices seems to have been changing the psychology of the public t...
Wednesday, April 20, 2011

Why Electric Vehicles Won’t Sell

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It’s basic economics at work Researchrecap explains , (bold emphasis mine) A new survey from Deloitte shows that 78 percent of consu...
Sunday, February 27, 2011

Dealing With Financial Market Information

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Ideas and only ideas can light the darkness. These ideas must be brought to the public in such a way that they persuade people. We must conv...