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1 July 2013, 03:13
They do call economics "the dismal science" for a reason.
The end scenario of any academic economic system analysis and extrapolation is inevitable collapse as the cycles of correction grow more intense as the system becomes larger.
Every model ends in failure.
My Economics professors back in the late 1960s were completely baffled that the system had not collapsed by then.
The end scenario of any academic economic system analysis and extrapolation is inevitable collapse as the cycles of correction grow more intense as the system becomes larger.
Every model ends in failure.
My Economics professors back in the late 1960s were completely baffled that the system had not collapsed by then.
__________
Every person should view freedom of speech as an essential right.
Without it you can not tell who the idiots are.
Every person should view freedom of speech as an essential right.
Without it you can not tell who the idiots are.