Although I somewhat agree with you, we should take in account that our economy is very different from past. Innovation is capital intensive. So...
There is a simple (and old) answer to your question. It's due to an old american economist, Henry George. You can read his 1879 masterpiece...
Thank you for your suggestion, jueco. It's really a interesting reading.
Interesting point. But how can we be sure that intervention motive is to overthrown economic system (or constitutional rights) and not a bona...
I'm not so sure. Maybe we should try to understand where (to who) this money is going to. For what I understand of Keynesian thought, the main...
The problem is structural. In EU retail distribution cost (and retailers' margin) are higher than US. The same item you buy in US for 1 US$, in...
I don't know if it is the most probable scenario, but surely I wish to study it, too. Sure, but how could one understand what isn't already...
Any good link to start with? Agricultural land? Do you really think we're so deep in s***t? What else?
This is my feeling, too. But if one believe devaluation will be driven for all important currencies (US$, EUR, YEN) at the same time (maybe at...
Could you elaborate on that? I'm curious. Maybe take as example a guy with a quarter million in TBT. What he can do?
That's only official grants, not including externalities and long-run costs caused by war (example: wounded medical costs). According with Nobel...
I don't know if I'm able to make a understandable example. I'm thinking on it. Stay tuned.
I'm regretting at all... always like a good exchange of ideas :( According with my System's Theory teacher, we should be more concerned with...
May I add a number 3? /OR/PLUS 3/ The system is designed (grown?) in such a way that people who make decisions that affect the system behaviour...
Deswamped, there is a lot of interesting statement in your post. I agree on most, but: I, too, use labour as the costant to which refer...
Thank you for posting it. I understood only an half (hope transcript we'll be available soon), but thank you for posting.
I cannot agree more. But I believe gnome is right. At the end will be too much money, for one reason: some institutions are absorbing it like...
My concern is more about real value of money and goods than on money forms. I cannot find a reason to stop analysis to how liquid money is, as...
Now I understood because M3 definition is not very clear for me, my old textbook on macroeconomics (italian version of Dornbusch Fischer) stop...
"different purposes" is unclear for me. Seems to me that money is money, whatever source created it. Could you elaborate a little? Of course,...
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