@OccuWorld Painfully true. That same lie of Reaganomics taken from the “Horse and Sparrow” bastards.
https://hartmannreport.com/p/is-the-horse-and-sparrow-economic
Then they usually try and shift to talking about Keynesian models which is more market manipulation, as shown in some (cheesy but rather clever) rap battles.
https://mises.org/library/brilliance-hayek-vs-keynes-rap
#KeynesVsHayek #HorseAndSparrow #Reaganomics #BoomAndBust #SocializedLosses #PrivatizedGains
#keynesvshayek #horseandsparrow #reaganomics #boomandbust #socializedlosses #privatizedgains
China's #SMEs report improved performance in Q1
-- The Small and Medium Enterprises Development Index, based on a survey of 3,000 #SMEs from eight major industries, came in at 89.3 in Q1, up from 88 in Q4 of 2022.
-- The figure, although still lower than the #BoomAndBust line of 100, reversed the downward trend seen since Q2 of 2021.