1. Tighten money supply too much
2. Increase protectionism (instead of trade)
3. Blame the markets (instead of listening)
4. Increase taxes (instead of helping families)
5. Increase the size of government (instead of freedom)
6. Ignore the cost of change
Originally from the pit at Tradesports(TM) (RIP 2008) ... on trading, risk, economics, politics, policy, sports, culture, entertainment, and whatever else might increase awareness, interest and liquidity of prediction markets
Thursday, August 21, 2008
Amity Shlaes lists a proven receipe for an economic depression
here:
Labels:
economic policy,
economy
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