Wednesday, June 27, 2007

BIS Again Publishes "Austrian" Analysis

As reported in the Wall Street Journal, the Bank of International Settlements, an international organiztion for central banks, have published another "Austrian" analysis of the global economy.

This is not the first time they've published an "Austrian" analysis. They did so last year too, as I reported at the time. Given the general "Austrian" attitude towards central banks, there is of course some irony in the fact an organization like the BIS promotes it.


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