27 Nov '11, 5pm

Think this is more a problem of consumption-oriented economics, but yes

When, after 9-11, George Bush told us to "go shopping" he in fact demonstrated a correct understanding of mainstream economics, liberal and conservative alike. As all economists know, a decline in consumer spending, confidence, and optimism, can plunge an economy into recession. This entirely uncontroversial view is one step away from its categorical version which turns out to be the foundation of liberal economics: that not only can a lack of demand cause a recession, the lack of demand—when considered in its broadest sense--is really the ONLY thing that could cause an economic recession or slow down. While this is also the foundation of conservative economics to just a slighter extent, I will conclude by reflecting on this slight, but significant, difference. When economists talk about demand in this way, they are referring to something somewhat broader than demand in th...

Full article: http://www.energybulletin.net/stories/2011-11-26/demand-s...

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Modern Horological Economics. great article about watch trends

Modern Horological Economics. great article abo...

fratellowatches.com 28 Nov '11, 11am

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Problem?

Problem?

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How To Use Your Right Side

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eetimes.com 28 Nov '11, 4pm

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