Consumers In Moderate Mode

Consumers are feeling better about current conditions and prospects for the future, but the improvement is gradual and subject to short-term swings. Business leaders reading the papers or watching TV might think that "consumers are …
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Austrian Economics Follow Up

Two days ago I wrote "Austrian Economics: What Business Executives Should Know."  Today the Wall Street Journal's blog Real Time Economics has an article about Friedrich Hayek's The Road to Serfdom.  So I guess it …
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