Wednesday, Jul 21, 2010
Austerity or stimulus, there is something else that’s more important.
Investment And Business News: The two words economists forget
The big illusion of the noughties was the idea that investment in property creates wealth. When banks would rather lend to property speculators than would be entrepreneurs, the economy stumbles, and then hits the buffers.
This article says that there are two words that say more about the economy then any economic theory: the words are Moore’s Law.
Posted by jacnixon @ 12:29 PM (325 views) Add Comment
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