Amusing - if it would not be sad - to read that 'prominent' 'star' economists like Barry Eichengreen still regurgitate the fable of 'too low inflation'. So what is the right level of inflation for these confused thinkers? One shudders to think how many young students get indoctrinated by his kind.
Profits are Social Authentication
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In his 1980 book, *Knowledge and Decisions*, Thomas Sowell highlights the
importance of social authentication and verification processes. Does *this*
wor...
2 hours ago
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