In our economy we have seen record profits seemingly year after year; but at the same time, we have seen record levels of debt year after year. On the surface this may seem counter intuitive, but in reality, the profits and debts are just two sides of the same coin.
In a clear and straightforward manner, John D Erickson helps us understand how and why economists have badly misled us regarding the functioning of our economy. Do yourself a favor and read Profits and Deficits so you can rise above the insanity!