Credit Expansion, Economic Inequality, and Stagnant Wages
Credit expansion is responsible not only for the boom-bust business cycle, as Mises showed, but also that it is a major source of artificial econom
Money and Banking
Displaying 1571 - 1580 of 2008
Government Steps in to Second Life
Second Life Blog: “As of January 22, 2008, it will b
Hayek on the Paradox of Saving
Chronic underconsumption is an idea most often associated with Keynes.
IP = right to profits. Nothing more and nothing less.
IP is the manifestation on creativity of an underlying Marxist theme: the labor theory of value.
Manipulating the Interest Rate: a Recipe for Disaster
The turmoil in the US subprime mortgage market has developed into an international credit crisis.
