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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (80779)	6/28/2008 7:46:31 PM
From: Joe Btfsplk	Respond to of 116555

First off, I'm pretty familiar with von Mises, Hayek, et al. Led me to perhaps the best legacy I'll leave. Nephew was attending ultra-liberal Evergreen in WA, brought home a Foucault text to show me the great stuff he was learning. Took some verbal beating, but the kid wound up with a degree in economics from Hillsdale. One soul at a time. WRT von Mises and the depression; he was once asked what FDR should have done. Replied "Nothing, but he should have started twenty years sooner". Again, much in line with Friedman/Schwarz and subsequent analysis. On malinvestments, the cure is a return to better money and let the market clear. With the parasitic buffoons in control, that ain't gonna happen, at least sans a wood shampoo for the populace akin to the Depression. Even then, there's a danger they'll fall for another Wizard of Oz. OK, off to review too many of your Kasriel links.