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It is truly amazing how our congress has been able to deflect the financial turmoil onto our banking and financial systems, when they are directly responsible for creating the turmoil. Their GSE's Freddie and Fannie; their created moral hazards of implied guarantees; their mindless regulatory schemes...
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The Remnant recently posted an article titled Economics for Catholics . In the article, the author, Brian McCall, attempts to describe the difference between Liberal Economics (as held by Thomas Woods) and Catholic Economics. In one section McCall takes on Woods' understanding of supply and demand...
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So I'm in highschool now, and I am considering the possibility of pursuing a major in economics. Which colleges/universities can I go to, to receive a good economics education of the Austrian School of economics? (it wouldn't do much good to be indoctrinated by Keynesian blockheads...)
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I'm new to this forum, but I don't plan on staying for very long. I've just come to introduce my blogel (blogged novel, if you didn't know). I'm calling it " Everywhere in Chains ", after the infamous Rousseau quote, "Man is born free, but he is everywhere in chains...
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On the Debian User forums at http://forums.debian.net/viewtopic.php?f=3&t=44052 there is a thread on the interview with Michel Bauwens, founder of the Peer to Peer Foundation. He is one of those who believe in open spaces and creation without incentive. In this interview he talks about the Free Software...
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A delay of consumption, IE a temporary increase in the standard of living of others due to an increase in the real purchasing power of money. Decreased supply = higher marginal value for existing units.
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[quote user="process"] This paper examines the impact of minimum wages on earnings and employment in selected branches of the retail-trade sector, 1990–2005, using county-level data on employment and a panel regression framework that allows for county-specific trends in sectoral outcomes...
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Greetings - First, thank you for these scholarly forums -- it is a time when clear thinking is again needed at the forefront of politics and economics. WANTED POLITICAL/ECONOMIC PHILOSOPHERS: Is it time for a " Liberty Manifesto ?" <-- click to download PDF. We will publish the finished...