tag:blogger.com,1999:blog-3758330678390419129.post7061380088703217641..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: The Boom Phase of the Fed Created Business Cycle ContinuesRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3758330678390419129.post-91764925420719337282015-07-03T02:19:17.378-04:002015-07-03T02:19:17.378-04:00Capital projects require labor, hence the increase...Capital projects require labor, hence the increase in employment during the boom. BastiatRothbardhttps://www.blogger.com/profile/09664250508415944608noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-35980166302806970742015-07-02T20:34:19.611-04:002015-07-02T20:34:19.611-04:00I've heard credible analysts explaining away t...I've heard credible analysts explaining away the current unemployment rate claiming that most of the new jobs are part-time. And that if one looks at the workforce participation rate, it hasn't been lower since 1977. Does your understanding of a boom according to ABCT require us to think there is currently a very strong employment number? My understanding of ABCT is that yhwhhttps://www.blogger.com/profile/03252958621597911079noreply@blogger.com