Tag Archives: Douglas Adams

Dangerous experimentation

“Since we decided a few weeks ago to adopt the leaf as legal tender, we have, of course, all become immensely rich.” The Restaurant At The End of The Universe, Douglas Adams Post World War II, there was a system … Continue reading

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Economic theory or empirical data?

It is not unusual for defenders of quantitative easing to claim that the massive injections of money by the Fed or the Bank of England have not caused price inflation, and therefore do not have the negative effects that critics … Continue reading

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