Category Archives: Malinvestment

Jonathan Catalan

Posted on April 14, 2012 by Greg Ransom

gets it …

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20 miles of empty lumber rail cars

Posted on August 9, 2010 by Greg Ransom

I’m driving past 20 miles of these empty railroad lumber transport cars in Eastern Oregon, which are being stored on an unused rail spur. The cars have been there for 2 years. A living image of the Hayekian malinvestment boom … Continue reading →

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