aIn the 1950s and the early 1960s, when post-Keynesian growth theory was prevailing, the Harrod-Domar model was widely used in development planning to calculate the capital requirement necessary to achieve a certain rate of growth or to determine a growth target given the financial resources avai...
1.The classical theory of inflation A.is also known as the quantity theory of money. B.was developed by some of the earliest economic thinkers. C.is used by most modern economists to explain the lo Discuss how monetary policy ha...
The euro project is about as far removed from a “spontaneous order” as you can get. It was dreamed up by unelected bureaucrats in countries like France, and rammed down the throats of the European public. It artificially fixes the exchange rate between countries with vastly different economi...
> accordingtohoyt posted: ” Last night I dreamed I was making a purse, > because the one I have been using for ten years — the think geek bag of > holding made of fake leather — had finally fallen completely apart (it’s > patched) and I couldn’t buy one, at a price I cou...