Point taken from J. Henderson in a combox. See the markets page.
Source link: http://blog.mises.org/8625/bailout-fails-markets-go-up/
Bailout Fails, Markets Go Up
Previous post: Murphy vs. Paulson Bailout
Next post: Bribes, Bailouts, and Bastiat
{ 3 comments }
Why are we looking at reams of data? If prices go up or down it does not define failure. As long as the prices are market prices, everything is OK. Austrians are not supposed to care about statistics anyway. So, I am not sure why you are posting them. I am sick and tired of statistics being used in economics.
Jeffrey, I don’t know what you’re trying to prove. The Dow up 1% and the S&P ending up a measly .32% on light volume doesn’t say much.
hold on here, statistics can also be CPI’s and money supply graphs as well. Those are very important for Austrians… The other stuff however that has no relation to human action, as a famous person once said, is of no use
Comments on this entry are closed.