Economic Depressions Follow A Pattern

Economic depressions follow a pattern. Typically the beginning is characterized by stubborn adherence to a number of erroneous beliefs that have made the economic downturn inevitable. Today there is still an almost universal belief that government can create jobs and stimulate the economy with government spending. Until there is a consensus that government can’t do these things, the end is not in sight.

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About Fantasy Free Economics

James Quillian is an independent scholar,free market economist, teacher of natural law, teacher and originator of the Fantasy Free approach to economics. James Quillian does not believe lies. Contact:
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