Can Austrian Theory Explain Construction Employment?
We are now on our third (and counting?) attempt by the Keynesians (and their occasional Chicago School comrade, Sumner) to use statistics to beat the Austrian theory.
Mises Daily
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Connect Ideas, Don’t Protect Them
All the things you use every day started out as good ideas. In the market economy, good ideas are built upon by better ideas. And the results are not just felt in the abstract but become very real to millions.
The Politics of Deflation
The Fed was created for the benefit of the banking class, and while it remains under the control of that class it will not pursue a policy that would lead to a breakdown in the monetary system from which the banking class profits.
Up with Bagus!
In this small gem of a book Professor Bagus has given us much more than an explanation of why the euro will fail the common man in Europe.
The Many Euphemisms for Money Creation
Since the outbreak of the so-called international-credit-market crisis, euphemisms have risen to great prominence. This holds true in particular for monetary-policy experts, who are at great pains to disguise what they are doing.
The Bourgeoisie’s Favorite Forms of Socialism
The middle class further entrenches the leviathan at every election; rarely is a ballot initiative to provide more funds for education rejected. The middle class is the most sycophantic of teacher’s pets.
The Other Guys Tells It Like It Is
For a comedy movie, The Other Guys is a shining example of the kind of problems that plague our current financial system. While it is doubtful that the writers meant to use the movie to display the kind of underhanded affairs big business has with the government, it is certainly a subject interwoven throughout the film.
How the Cartels Ensure Diamonds Last Forever
Any diamond that enters the market must be certified by the WDC; those that aren't are considered conflict diamonds, and the individuals involved are prosecuted. Regulatory authority is used to control the global supply and price.
Is There a Conservative Case for QE?
According to David Beckworth, the problem with our economy is that people aren't spending enough. This simple idea is very powerful; it permeates our financial press when they wring their hands and wonder if "the consumer" will buy enough to fix the economy.
Joan Kennedy Taylor
Joan Kennedy Taylor first became involved in the libertarian movement in the early 1960s, when she was a student at the Nathaniel Branden Institute in New York City. As a student of Objectivism, she espoused the political views of Ayn Rand.
