- Cafe Hayek - http://cafehayek.com -
Quotation of the Day…
Posted By Don Boudreaux On September 17, 2012 @ 7:25 am In Monetary Policy,Scientism,Seen and Unseen,State of Macro | Comments Disabled
[W]hen the boom has collapsed, there exist dislocations and disproportionalities in the world of industry, the wreckage of false expectations, which monetary manipulation is not likely to remove.
Article printed from Cafe Hayek: http://cafehayek.com
URL to article: http://cafehayek.com/2012/09/quotation-of-the-day-403.html
URLs in this post:
 Lionel Robbins: http://www.econlib.org/library/Enc/bios/Robbins.html
 The Great Depression: http://www.amazon.com/Great-Depression-Lionel-Robbins/dp/1412810086/ref=sr_1_2?s=books&ie=UTF8&qid=1347880893&sr=1-2
 Image: http://www.blinklist.com/index.php?Action=Blink/addblink.php&Url=http%3A%2F%2Fcafehayek.com%2F2012%2F09%2Fquotation-of-the-day-403.html&Title=Quotation%20of%20the%20Day...
 Tweet: https://twitter.com/share
Copyright © 2011 CafeHayek.com. All rights reserved.