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To be an entrepreneur, a trader, an author, or a scholar. The job-search skill is important because your first job is likely to define your future ones. It is just as or even more important to know how to look for a job as it is to have gone through the best academic program. By doing it right the first time, you will make early gains that will multiply over your career. Katz has written a noteworthy blog on the banking bailout. I excerpt from it below. Howard's point is that the claim of a "crisis" is nonsense. Firms fail all the time. Fractional reserve banking causes instability. There is no need for fractional reserve banking. Inflation, which is due too.

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