blame has no beginning

Economics has been completely at sea. We lack understanding the reality that economics is supposed to illuminate.

We have known about the endogenous instability of fractional reserve banking for some 200 years.

This entry was posted on November 21st, 2009 and is filed under interesting. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response or Trackback from your own site.