Before a financial meltdown, there is no way to tell with certainty that such a financial meltdown is imminent, even though a lot of pundits and cranks try.
In a world where it sometimes feels like free market advocates are tolerating more intervention in our economy than we would have ever predicted, Lavoie calls upon us never to forget the abiding importance of remaining true to one’s belief in the power and humanity of markets.
Behavioral Research Council
Transactional Viewpoints, Vol. I, No. 4, 2002, Fall
Quarterly Letters on the Transactional View, the Sciences and the Arts
During the American Bankers Association convention more than a month ago, a few stalwart souls had the temerity to suggest that sound hanking was still desirable in spite of the new economics which is the quicksand foundation of the "New Deal." There was a noteworthy tendency to applaud common se
Trends discussed in the latest weekly bulletin continue unchanged; electric power production is at a five year peak; car loadings hold up and steel activity advances. Price-fixing provisions of NRA codes seem doomed to eventual elimination. The Institute presents its Price Index in this issue.
Research Reports - 11/12/1934