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« Thoughts in the Midst of a Financial Crisis | Main | The Strategic Implications of the AIG Take Over »

September 16, 2008

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I hope they don't act. Those economic Taoists that form the Austrian School demonstrated that it was government intervention in the form of "fiat money" created from thin air that was responsible for the boom-bust business cycle that has plagued modern economies.

http://mises.org/story/672

Will Mencius get into insurance? Haha, really funny

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