June 2016 – E.C. Harwood and AIS
AIER’s founder E.C. Harwood studied business cycles and financial markets for over five decades, beginning in the 1920s. Shortly before his death in 1980 he observed: “Neither AIER nor AIS is a run-of-the-mill organization. The striking differences are: Unlike practically all other economic research and educational organizations, AIER does not seek support from major foundations. […]
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