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Olduvai III: Catacylsm
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Fourth Turning Accelerating Towards Climax

FOURTH TURNING ACCELERATING TOWARDS CLIMAX “At some point, America’s short-term Crisis psychology will catch up to the long-term post-Unraveling fundamentals. This might result in a Great Devaluation, a severe drop in the market price of most financial and real assets. This devaluation could be a short but horrific panic, a free-falling price in a market […]

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Why Bad Economics Makes Such Good Politics

Why Bad Economics Makes Such Good Politics As the election nears, politicians will more and more frantically point out what wonderful favors they’ve done for the voters — or what favors they will do for the voters, if elected. Of course, they never mean all the voters. They mean groups or individuals within the voting […]

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3 Economic Fallacies That Just Won’t Die

3 Economic Fallacies That Just Won’t Die Henry Hazlitt discussed, dissected, and debunked 22 economic sophisms in his classic work ‘Economics in One Lesson.’ In any academic discipline, one can find two types of experts: those who are incapable of explaining complex ideas in a simple manner; and those capable of making the difficult look […]

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The IMF and Austrian Theory – Ludwig von Mises Institute Canada

The IMF and Austrian Theory – Ludwig von Mises Institute Canada.   Back in the early 1960s, financial journalist Henry Hazlitt warned against efforts to create an international system to help facilitate the smooth transfer of currencies. Representatives from the world’s leading governments were attempting to increase liquidity in global markets. They wanted to make sure the […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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