Inflation Inferno I
Governments and bankers hate gold because its supply cannot be inflated on command.
Mises Daily
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Geeks Need to Know Economics
I am a geek. But I often find that when a tech author is reporting on certain events, he lacks a proper understanding of economic theory.
The Business War against Competition
Nothing so threatened the interests of this emerging industrial order as the free play of market forces at work in an environment of legally unrestrained competition.
The “Old Lady” Hasn’t a Clue
A recorded mini lecture and video display purported to explain this mysterious phenomenon (mysterious to the Old Lady of Threadneedle Street, anyway). I knew that I was going to hear either a self-critical explanation or, more likely, some hogwash. Hogwash won, hands down!
David Hume and the Theory of Money
Hume concluded his penetrating analysis with an ultra-hard-money policy proposal — 100 percent specie-reserve banking.
The Inside-Out World of Home Mortgages
With 25% more to fall, and many houses under water by thousands of dollars, or hundreds of thousands, what's the incentive to pay? If a borrower wants to work out a compromise in good faith, how can they know if they are negotiating with the right party? The mortgage mess is a house of mirrors.
The Blessed Institution: Liberty
I use the term "liberal" without irony or contempt, for the liberal tradition in the true sense was devoted to freeing people from the shackles of the state.
The True Nature of Taxation
All of the services now funded by taxation and provided by the government were at one point in the not-so-distant past funded and provided privately.
Money Can’t Buy You Economic Prosperity
We cannot eat money. We cannot wear money. We cannot live in money. Money can't buy you love.
America’s Will to War: The Turning Point
The major cause of the transformation from freedom to servitude has been America's involvement in war and preparation for war.
