Economic Recovery Requires Capital Accumulation, Not Government "Stimulus Packages"
Mises Daily by
George Reisman | Posted on 2/25/2009
[This article is the second in a series of articles that seeks to provide the intelligent layman with sufficient knowledge of sound economic theory to enable him to understand what must be done to overcome the present financial crisis and return to the path of economic progress and prosperity. The first article in the series was "
Falling Prices Are Not Deflation but the Antidote to Deflation."]