The Maier Files | economics
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economics Tag

Few economic subjects are more tangled, more confused than money. Quarrels abound over “tight money” vs. “easy money,” over the roles of the Federal Reserve System and the Treasury, over various versions of the gold standard, etc. Should the government pump money into the economy or siphon it out? Which branch of the government? Should it encourage credit or restrain...

Gelegentlich ergreifen wir die Feder and schreiben Zeichen auf ein weisses Blatt, Die sagen dies and das, es kennt sie jeder, Es ist ein Spiel, das seine Regeln hat. —Hermann Hesse. Das Glasperlenspiel From time to time we take our pen in hand and scribble symbols on a blank white sheet. Their meaning is at everyone’s command; It is a game...