Bloomberg News reports that 193,000 more people have stopped looking for work in the Obama economy, taking 156,000 off the ‘Unemployed’ rolls.
Welcome To The Recovery!
In the most recent issue of National Review Gary Wolfram, Professors of Economics and Public Policy at Hillsdale College wrote this in regard to Mises and Hayek’s Austrian business-cycle theory. ""This theory emphasizes the role of the interest rate in bringing together the plans of producers and consumers. The interest rate is the price of loanable funds — in …