This from today’s Wall Street Journal indicates how woefully uneducated today’s businessmen are in economics:
“The thinking now is that because of the current federal policy and more sophisticated management of the economy, there will be less volatility,” said Dan Meckstroth of the Manufacturers Alliance.” (italics mine)
Source link: http://archive.mises.org/2226/all-hail-planning/
All Hail Planning!
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