Why boom is a no-show: A lack of net investment

posted by
March 1, 2011
Independent Institute
by Robert Higgs  
Posted in Commentary

"Although the economy is showing some signs of revival, many people wonder why it hasn’t roared back, as it did after most previous contractions. If consumer spending were the key, the economy would be going strong. ... What is to blame is the collapse of private business investment." (02/25/11)


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