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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: ahhaha who wrote (88743)9/11/2007 2:34:49 AM
From: Elroy JetsonRead Replies (1) of 306849
 
I'm not surprised to learn that you consider the writings of the Mises Institute drivel. They do have their own slant on what was previously known simply as economics. This is to say, before Currency Crank economics became popular again and was re-christened monetarist economics, and before economics became known as Austrian. The Mises group has a few eccentricities but its basically standard economics.

But Grace is quite proud of having passed this Mises test with flying colors. I believe she awarded herself a "D.D. in Austrian Economics" on the basis of passing this test, so we should respect that.

I'm intrigued by your own perspective on the effect of Supply and Demand on price - notably that increasing Supply sometimes increases price and sometimes lowers price. Since most economists believe increasing supply, holding other factors constant, leads to lower prices I'm sure your soon to be published paper on this topic will be widely read and spoken of.
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