|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
31.08.26 - 23:54
|
The Fallacy Of Stable Prices (ZeroHedge)
|
|
|
The Fallacy Of Stable Prices
Authored by George Ford Smith via Mises Institute,
Though Herbert Hoover was a pioneer among presidents in getting the government to "do something" about a depression, he was no maverick. He had the support of distinguished court economists who promoted the idea that stable prices were the key to lasting prosperity.
Common sense tells us that if we walk into a store and find prices consistently lower than they had been, we are better off, other things equal, because our money buys more. As Rothbard wrote, "Increased productivity tends to lower prices (and costs) and thereby distribute the fruits of free enterprise to all the public, raising the standard of living of all consumers. Forcible propping up of the price level prevents this spread of higher living standards."
While the concept "stable price level" may not sound menacing, the mechanism for achieving it was. The theory's proponents, which included such economics luminaries as ...
|
|
|
30.08.26 - 22:15
|
Trump: ′I don′t want Canadian anything′ (The Hill)
|
|
|
President Trump said Sunday he does not want U.S. businesses to import Canadian goods amid continued tariff tensions between the two countries. In a post on Truth Social, Trump said his tariffs “revived, and indeed saved” the American automobile industry, pointing to profits made by Ford, General Motors and other U.S. car companies during his......
|
|
|
|
|
|
|
|
|
|
|
|
|
27.08.26 - 23:24
|
We need new reservoirs – and it′s a job for the state, not private companies | Letters (The Guardian)
|
|
|
David Griffiths says mayors could be empowered to build water infrastructure, while Kevin Whately suggests incorporating communal storage into new housing estatesPete Ford (Letters, 20 August) rightly reminds us that “The Victorians … built reservoirs, aqueducts and local water-storage infrastructure.” But who were these “Victorians”? Generally speaking, they were local councillors and their professional engineers.Taking my own town as an example, within 40 years of its incorporation as a borough in 1868 it had built five new reservoirs, as well as taking over others previously provided by ad hoc groups of commissioners, with water delivered through 240 miles of mains. By 1897 it was one of 610 urban councils with their own water undertakings. Continue reading......
|
|
|
27.08.26 - 22:09
|
Truist names Harold Ford Jr. to strategic advisory role (PR Newswire)
|
|
|
As a vice chair in Wholesale Banking, Ford will focus on business growth, advise on policy matters CHARLOTTE, N.C., Aug. 27, 2026 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced Harold Ford Jr. as a vice chair in its Wholesale Banking business. Ford will focus on......
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
