Category Archives: Malinvestment

Jonathan Catalan

gets it …

Posted in Malinvestment | Comments Off on Jonathan Catalan

20 miles of empty lumber rail cars

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

Posted in Malinvestment | 1 Comment