Mises Daily

The Dark Side of the American Dream

Mises DailyMarch 6, 2015
J.C. Chandor, writer and director of 2011's Wall Street drama Margin Call tackles economics once again with his new film A Most Violent Year . This time, Chandor explores barriers to entrepreneurship in a world dominated by corrupt government, labor unions, and organized crime...

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Understanding True Credit and False Credit

Mises DailyMarch 5, 2015
True credit can only expand if the stock of real savings and real wealth expands. Unfortunately, fractional reserve banking and central banks facilitate the expansion of false credit which diverts resources from true wealth producing activities.

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