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
Wednesday, August 25, 2010
We’re not worried about the recovery. Because there is none.
None of the key components of recovery – housing, jobs, or consumer spending – suggest that the economy is returning to its pre-recession habits...