http://latewire.com/ Late to rise, early to fall. en-us Mon, 31 Mar 2008 15:25:14 GMT Mon, 01 Feb 2010 01:06:39 GMT http://latewire.com/1013 http://latewire.com/1013 "The scope of the controversy changed when the new science of economics entered the scene. Political parties which passionately rejected all the practical conclusions to which the results of economic thought inevitably lead, but were unable to raise any tenable objections against their truth and correctness, shifted the argument to the fields of epistemology and methodology. They proclaimed the experimental methods of the natural sciences to be the only adequate mode of research, and induction from sensory experience the only legitimate mode of scientific reasoning. They behaved as if they had ... Mon, 01 Feb 2010 01:06:39 GMT http://latewire.com/1013 http://latewire.com/0645 http://latewire.com/0645 I normally shy away from talking about monetary policy. To me it's self-explanatory that falling/rising prices are either caused naturally and innocuously by the market or forced up/down by the government's intentional/unintentional detrimental manipulation of the market.To me, that's where the subject ends. Obviously, most economists these days have a different view. Modern economic theory states that prices fall during recessions and thinks therefore falling prices cause recessions. It's akin to saying people with the flu have fever, therefore the fever must cause the flu. Fever can cause ... Tue, 15 Dec 2009 14:46:06 GMT http://latewire.com/0645