Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: DiogenesLamp
What I am thinking is that they are just father along the road to serfdom than are we, but we'll catch up to them eventually.

Hayek's book is a classic. If you're still interested in monetary policy in the American history, read the work done by Friedman and Schwartz. You're not going to live long enough for us to "catch up" with Venezuela. Not even Israel is going to catch up with Venezuela and they're further along the "road" than we are. In fact, there are many roads and many turns in our future.

If you really believe that you can accurately predict economic trends or events, there is a fortune waiting for you.

70 posted on 08/08/2015 12:54:40 PM PDT by Tau Food (Never give a sword to a man who can't dance.)
[ Post Reply | Private Reply | To 65 | View Replies ]


To: Tau Food
If you really believe that you can accurately predict economic trends or events, there is a fortune waiting for you.

One does not know "when" an avalanche will occur, but one can identify the conditions making it more probable.

71 posted on 08/08/2015 1:02:35 PM PDT by DiogenesLamp ("of parents owing allegiance to no other sovereignty.")
[ Post Reply | Private Reply | To 70 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson