Tag Archives: economic crisis

Idiots Never Unite

Back in the 70s I read a book that explained how there was no way the patients in an insane asylum would ever rebel and take over the institution. Why? His theory was that idiots never unite. I wish I … Continue reading

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Federal Reserve Decisions Guarantee Failure

Have you ever wondered why the Federal Reserve board does such a miserable job of guiding the economy? Governments do not make economic decisions. Governments make political decisions which guarantee an inefficient allocation of resources. Simply putting an economist in … Continue reading

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