The Recovery that Wasn’t a Recovery

11/02/2003 Mises Wire Robert Blumen

Financial writer Jim Puplava presents a three-part series on the state of the economy:

I recommend Puplava’s writing to the Austrian community because he uses a lot of Austrian principles and is very good at drawing from statistics and financial data to apply the principles to understanding what is going on. A major theme of these pieces is how government statistics present consumption funded by credit expansion as economic growth.

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