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The Austrians versus the Mainstream Potter and His Wheel
The Austrians versus the Mainstream Potter and His Wheel
Is capital an amorphous mass? A mass formed out of the ether, which can be reformed as desired and without effort? Or is capital a physical mass that can be reformed only through the use of scarce resources over a period of time? The prevailing view assumes that capital is simply one of many ...
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The Austrians versus the Mainstream Potter and His Wheel
Mises Economics Blog — ... Capital is not some mass that can be modified free form.If an entrepreneur wants to change the current structure of capital, he will wield dynamite and dozer, not water and wheel. FULL ARTICLE by Jim Fedako ...

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The Mess That Greenspan Made — ... down to near $77 as stocks fall, dollar gains - AP Gold returns to near record high as dollar drops - Reuters Einhorn up almost 4% in October - MarketWatch Schwab rolls out free-trade ETFs - CNN/Money Dow Theory Sell Signal? - Saut, Raymond James I Thought I Wanted An ETF? - Safe Haven Boom and Gloom - NewsWeek ECONOMY Three strong economic reports lift recovery hopes - USA Today The Austrians versus the Mainstream Potter and His Wheel - Mises Obama urges bold action to create ...

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