Economics, as a branch of the more general theory of human action, deals with all human action, i.e., with mans purposive aiming at the attainment of ends chosen, whatever these ends may be.--Ludwig von Mises
Friday, July 4, 2008
Cartoon: Recession?
My Thoughts: Remember a recession is a period of 2 quarters of decling GDP. We have yet to have 1 quarter of declining GDP.
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