Stable Prices, Unstable Markets
Observe that Fed policy makers are telling us that they have to stabilize the price level in order to allow the efficient functioning of the market economy. Obviously this is a contradiction in terms, since any attempt to manipulate the so-called price level implies interference with markets, and hence leads to false signals as conveyed by changes in relative prices.
‘Real’ Reinforcement for Austrian Arguments
Some of the results developed by RBC proponents, can reinforce the claims made by Austrian business cycle theorists.
The European Miracle
It was in Europe — and the extensions of Europe, above all, America — that human beings first achieved per capita economic growth over a long period of time.
Lucy is Right: Insurance Should Be a Nickel
Lucy's proposition that, “insurance should be a nickel,” makes perfect sense.
The Circle Bastiat
Joseph Salerno: Subjective Value in One (Hip-Hop) Lesson
http://www.youtube.com/watch?v=iwNLRNpVbN8
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Thomas DiLorenzo: Stockman on Friedman
One chapter of David Stockman's new book, The Great Deformation: The Corruption of Capitalism in America that will be of special interest to Austrians is chapter 13 entitled Milton Friedman's Folly. Here are a few snippets:
Friedman&
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Joseph Salerno: Mises: “Friedman Is Not an Economist”
In an interview on The Lew Rockwell Show, economist Harry Veryser of the University of Detroit-Mercy and author of It Didn't Have to Be This Way shared the following recollection:
I remember being in a conference with Ludwig von Mises in the six
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Mark Thornton: Crony Capitalism: Legacy of the New Deal
Here is chapter 9 of David Stockman's book Deformation: The New Deal's True Legacy: Crony Capitalism and Fiscal Demise
Stockman Seminar
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In the Mises Store
Economic Policy: Thoughts for Today and Tomorrow - Digital Book
Purchase directly from Amazon for your Kindle.
This might be Mises's best-selling book. It is a very clear explanation of the basics of economic policy: private property, free trade, exchange...
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For a New Liberty: The Libertarian Manifesto Pocket Edition
Latest edition includes an introduction by Lew Rockwell.
In For a New Liberty: The Libertarian Manifesto, Rothbard proposes a once-and-for-all escape from the two major political parties, the ideol...
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Individualism and Economic Order - Digital Book
This professionally prepared ebook is an electronic edition of the book that is designed for reading on digital readers like iPad, Kindle, Nook, Sony Reader, and other products including iPhone and ...
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