Where Is the Inflation?
Only Austrians can explain why massive central bank money printing hasn't resulted in higher prices.
Only Austrians can explain why massive central bank money printing hasn't resulted in higher prices.
The Wall Street Journal takes note of Paul Krugman’s attack on “Austrian/Ron Paul types” (1/13/13) page C1, “Ahead of the Tape”).
Disband a hundred thousand men! Do you know what you are saying?
Desirable therefore is a world made up of thousands of Liechtensteins, Singapores and Hong Kongs.
The Austrian theory rests on changes in relative prices that cause resources to be allocated in ultimately unsustainable ways.
The story of pork’s decline involves the usual suspects: special interest lobbying arms and the federal government’s 30+ years of war on dietary fat.
You don't need to be a "conspiracy theorist" to see what's going on here. All you have to do is be willing to use your eyes.
Labor unions operate in <em>diametric opposition</em> to the interests of wage earners in general.
Given a choice, the people victimized by government “services” would be willing to pay to be rid of them.
Our job is to be more convincing that there is a wonderful, uncomplicated, and moral system that provides the answers.