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To: arthurus

Ad hominem and citing a very basic, stripped down, ideologically-driven set of crib notes for economic dummies is not persuasive to me. I understand economics well enough to understand whether or not underlying statistics support a given contention, or not. I challenged you to cite statistics to support your contention that tariffs caused the Great Depression. This I note you have not done.


64 posted on 01/15/2017 5:04:30 AM PST by RegulatorCountry
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To: RegulatorCountry
You may understand Economics insofar as you have read about it in school. If you have an MBA you have probably had one survey course in the subject which taught no economics and extolled Keynes as the one who finally got it right. I have read and reread Hazlitt, Von Mises, Adam Smith, Hayek, Ricardo, etc., all of them including Keynes. For the lay person who has not the time for all that but desires to learn how to follow a claim and and a putative economic argument, one should read H Hazlitt Economics in One Lesson. It is a short book written in plain English. One who reads it will not blindly accept what a politician says ever again because one will have learned to automatically think through the secondary and tertiary effects of a utopian assertion.
70 posted on 01/15/2017 5:28:05 AM PST by arthurus
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