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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

Saturday, August 23, 2014

US Federal Reserve’s Bailout of Eurozone Banks via the OIER

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Many must be wondering why the Eurozone has signified a fantastic depiction of divergence, specifically booming financial assets even as th...

Quote of the Day: The police don’t work for us

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The police don’t work for us, if by “us” we mean you, me, and at least 95 percent of the rest of the population. On the contrary: we work ...
Tuesday, August 19, 2014

Is a Bust in UK’s Housing Sector in the Near Horizon?

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Rising input costs have emerged to hamper on UK’s housing boom From the Independent : (bold mine) Rising costs are putting recovery ...

Quote of the Day: There’s an invisible wall going up around us

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This time, the 18-year-old victim’s name was Michael Brown, an unarmed hospital worker, who was gunned down by police on the streets of Fe...
Monday, August 18, 2014

Ron Paul: What Have We Accomplished in Iraq?

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Ron Paul on the US Government’s favorite battleground: (from Ron Paul Institute ) [bold mine] We have been at war with Iraq for 24 year...

Phisix: 7,000 Breaks on Regional Melt-UP; The Natural Limits of Inflationism

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The investor's chief problem - and even his worst enemy - is likely to be himself. Benjamin Graham In this issue: Phisix: 7,000...
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