The Economic Comeback of Germany
The “miracle” of Germany’s revival was not the result of a conscious rejection of socialism, but was rather an accident of politi
Philosophy and Methodology
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What is the Condition of U.S. Savings?
Central bank's and government's loose monetary and fiscal policies are instrumental in the weakening of the process of real savings formation through the diversion of real savings from wealth generators to non-wealth-generating activities.
Bernanke’s Apoplithorismosphobia
"The key thing is that the price of producer goods has to fall faster and farther than consumer goods for the correction process to proceed."
It Started with Plato
The choice at base, therefore, is whether the world shall go back to the principle of freedom (not necessarily the conditions) of pre-1914, which unhappily no one under forty years of age remembers, or on to closer confinement in captivity as the socialistic system develops.
Rereading Our Enemy, the State
It has in common with the classics all those qualities of clear thinking, objective presentation and lucid exposition which distinguish the wise ph
