European Debt: An Elliott Wave Perspective

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Economics in One Lesson

The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups. – Henry Hazlitt A nice overview of Henry Hazlitt’s book Economics in One Lesson. Hazlitt’s Logic, [...]

January 28, 2010 at 8:00 am | Trade Artist | Comments 0

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Great Quote from Ludwig von Mises on Inflation

“Inflation becomes one of the most important psychological aids to an economic policy which tries to camouflage its effects. In this sense, it may be described as a tool of antidemocratic policy. By deceiving public opinion, it permits a system of government to continue which would have no hope of receiving the approval of the [...]

October 25, 2009 at 3:12 pm | Trade Artist | Comments 0

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