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moved the extra inventory would have to be just sitting someplace, perhaps in a bankvault. The Money Makers, by Eric Rauchway, Basic Books, 2015 One place we might not expect to find fictions about the New Deal perpetuated would be in The Wall Street Journal. Wolf is talking about. Hayek, The Fatal Conceit, The Errors of Socialism, 1988, The University of Chicago Press, 1989, 1991,.122 The very idea that profits "trickle down" to workers depicts the economic sequence of events in the opposite order from that in the real world.
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According to The Economist, in 2014 Greece remains with an economic freedom index.7, little better than Russia's.9 and well below Germany.4, Sweden.1, and even Japan, which has stiffled itself for more than two decades now,.4. In Keynesian models, government spending stimulates even if totally wasted. "Growth" without employment would have been a cruel taunt; and of course the high wage policy of Hoover and Roosevelt did mean that those with jobs did rather well. O'Reilly's statement is thus outrageous, not only because it is simply false and demonstrates his failure to understand the nature of a war economy, but because it also demonstrates his failure to understand that the New Deal had already failed on its own terms, which. How to get through them? I mean, I do think at a certain point you've made enough money.