Tulloch via Stockman: ““Our leading economists in the West were lauding the Soviet-style system from the 1950s up until the 1980s,” he said. “They were all wrong. I think it’s the same with China.”” China’s Latest Ghost Town: A $50 Billion Fake Replica Of Manhattan | David Stockman’s Contra Corner

“Our leading economists in the West were lauding the Soviet-style system from the 1950s up until the 1980s,” he said. “They were all wrong. I

“The fourth line was a doctrine invented and promulgated by New Deal economists — the doctrine of perpetual unlimited public debt.” Deficit Spending Is the Government’s Perfect Weapon – Garet Garrett – Mises Daily

The fourth line was a doctrine invented and promulgated by New Deal economists — the doctrine of perpetual unlimited public debt. What difference did it

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