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You know the economy is looking bad when the media pushes articles saying saving money is bad for the economy. It happened in 2001 and again in 2008. Now that tradition continues at CNBC. Today at mises.org, we explain why the media harangues are all wrong.
A great alternative to the errors of modern economists is always the great Frédéric Bastiat, and Ulrich Fromy shows today how Bastiat understood the key value of people we now call “middlemen.”
Ryan McMaken, Editor-in-Chief |
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