Comments on: Chinese ore glut bad news for Canberra http://www.crikey.com.au/2009/05/15/chinese-ore-glut-bad-news-for-canberra/ now with extra source Sun, 12 Feb 2012 00:58:05 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: scottyea http://www.crikey.com.au/2009/05/15/chinese-ore-glut-bad-news-for-canberra/#comment-26707 scottyea Sat, 16 May 2009 10:07:55 +0000 http://www.crikey.com.au/?p=58676#comment-26707 An incredibly fact-filled article there, Glenn. A friend was at the HK jewellers Expo in March .... it was dead. Many large wholesalers packed up and left early rather than incur the costs of staying on. The Keynesian econometric models upon which our economy is based should be discarded (and spat on). Economics is a social 'science', not a mathematical one. There is a sensible alternative - the Austrian school of economics, which is is much, much more sensible. Take a look for yourself at http://www.mises.org And thanks for the heads-up. An incredibly fact-filled article there, Glenn. A friend was at the HK jewellers Expo in March …. it was dead. Many large wholesalers packed up and left early rather than incur the costs of staying on.

The Keynesian econometric models upon which our economy is based should be discarded (and spat on). Economics is a social ‘science’, not a mathematical one. There is a sensible alternative - the Austrian school of economics, which is is much, much more sensible.

Take a look for yourself at http://www.mises.org

And thanks for the heads-up.

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