Attempts to interfere with free and flexible prices, wages, and interest rates prevent recovery and prolong the depression period.
-- Percy L. Greaves, Mises Made Easier
Tuesday, November 25, 2008
Monday, November 24, 2008
boom and bust
The "depression" is actually the process by which the economy adjusts to the wastes and errors of the boom and reestablishes efficient service of consumer desires. The adjustment process consists in rapid liquidation of the wasteful investments.
-- Murray N. Rothbard, America's Great Depression
-- Murray N. Rothbard, America's Great Depression
Tuesday, November 4, 2008
a change is gonna come
I was born by the river in a little tent
And just like the river, I've been running ever since
It's been a long time coming
But I know a change is gonna come
It's been too hard living, but I'm afraid to die
I don't know what's up there beyond the sky
It's been a long time coming
But I know a change is gonna come
I go to the movie, and I go downtown
Somebody keep telling me "Don't hang around"
It's been a long time coming
But I know a change is gonna come
Then I go to my brother and I say, "Brother, help me please"
But he winds up knocking me back down on my knees
There've been times that I've thought I couldn't last for long
But now I think I'm able to carry on
It's been a long time coming
But I know a change is gonna come
-- Sam Cooke (1964)
And just like the river, I've been running ever since
It's been a long time coming
But I know a change is gonna come
It's been too hard living, but I'm afraid to die
I don't know what's up there beyond the sky
It's been a long time coming
But I know a change is gonna come
I go to the movie, and I go downtown
Somebody keep telling me "Don't hang around"
It's been a long time coming
But I know a change is gonna come
Then I go to my brother and I say, "Brother, help me please"
But he winds up knocking me back down on my knees
There've been times that I've thought I couldn't last for long
But now I think I'm able to carry on
It's been a long time coming
But I know a change is gonna come
-- Sam Cooke (1964)
Monday, November 3, 2008
a change is gonna come
I keep on thinkin' it's wrong
So I'm chiding you in a song
It's comin' your way
You shouldn't feel this way
You think it's a sin
I ain't your color of skin
It's comin' your way
You shouldn't feel this way
I keep on losin' my feet
When I walk down the street
I keep on thinkin' it's you
Guess it makes me feel blue
You say it's broken your dreams
They fall apart at the seams
It's comin' our way
-- Adam Franklin (Swervedriver) 1993
So I'm chiding you in a song
It's comin' your way
You shouldn't feel this way
You think it's a sin
I ain't your color of skin
It's comin' your way
You shouldn't feel this way
I keep on losin' my feet
When I walk down the street
I keep on thinkin' it's you
Guess it makes me feel blue
You say it's broken your dreams
They fall apart at the seams
It's comin' our way
-- Adam Franklin (Swervedriver) 1993
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