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Archive of posts published in the tag: Thomas edison

The Value of Failure

John Allison When the Federal Reserve steps in and uses monetary policy to stop the downside correction process, all it achieves is to defer problems to the future and make them worse. Its action delays and distorts the natural market

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The New Frontier

In the United States today we are facing the usual calculus of impossibility, recited by the familiar aspirants to a master plan.  It is said we must abandon economic freedom because our frontier is closed; because our biosphere is strained;

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