On Sunday, January 12, 2003 2:01 AM David Levensam [EMAIL PROTECTED]
wrote:
Fred Foldvary wrote:
Too much financial capital, i.e. money, can cause
a recession, by artifically lowering the interest rate,
inducing excessive investment of those capital goods
for which only a low rate of interest
For what it is worth to those on the list who are not parents, here is my
experience as a parent. Children understand the concept of property before
the age of 9 months. Before the age of 12 months, they understand that
certain behaviors bring about favorable or unfavorable reactions from
