Drowning in a Liquidity Trap?
Bruce Bartlett recently lamented that given the current state of economic affairs we need more Keynesian medicine to fix the US economy. According to Bartlett, the core insight of Keynesian economics is that there are very special economic circumstances, called “liquidity traps” in which the general rules of economics don’t apply and are in fact counterproductive.
A Deadlier Disaster for the Third World: Unemployment
While we may denounce the owner for criminal negligence, it is absurd to denounce him for seeking profit.
Martial Law vs. Market Law: Reflections on Boston
If law enforcement were to be governed by contractual principles, no one would need to fear that they were letting bulls into a china shop.
A Virtual Weimar: Hyperinflation in a Video Game World
If historical cases of hyperinflation — real, and virtual — have one thing in common, it is the instinct among its victims to blame the symptoms rather than the disease.
The Circle Bastiat
Guido Hülsmann: The Last Knight in Russia
May 24th, 2013 will remain in the annals of the Circle Bastiat as an infamous day of self-promotion. There is indeed a second publication which yours truly is most happy to announce: the Russian edition of the Last Knight of Liberalism: Последний
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Guido Hülsmann: Political Economy of Finance
Yours truly is happy to announce a new book publication : Krise der Inflationskultur (Munich: Finanzbuch-Verlag, 2013), 320 pp.
The strongest criticisms of fiat money and central banking have been based on monetary considerations and on t
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Mark Thornton: Six Stage of the Libertarian Movement
Speech (transcript) by Murray Rothbard: The Six Stages of the Libertarian Movement.
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Mises Updates: Mises U on Forbes.com
The Mises Institute and Mises Univeristy are mentioned and pictured in this column asking Will Think Tanks Become The Universities of The Future?
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