Tag Archives: Depression

Dark Ages Of Economic Thought

Future economists will look back on this period as the dark ages of economic thought. This will be seen as the time when idiots tried to guide the economy forward by purposely misallocating resources and removing ingredients necessary for free … Continue reading

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Reagan and Roosevelt had something in common.

Unfortunately Ronald Reagan bought into and encouraged central economic planning, then set new records for government spending. Ronald Reagan and Franklin Roosevelt had something important in common. Each one damaged the country greatly and got credit for doing exactly the … Continue reading

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