The Federal Reserve’s doors have been open for “business” for one hundred years. In explaining the creation of this money-making machine (pun intended — the Fed remits nearly $100 bn. in profits each year to Congress) most people fall into one of two camps.
In addition to Judge Napolitano’s video, we have now posted Ron Paul’s talk, and the panel discussion.
Now is a great time to register for the next Mises Circle, coming up on January 24 in Houston, Texas.
From The Review of Austrian Economics Vol. 1, No. 4, 1987.
From the first, the Austrians entertained a wish ... to apply their marginal utility theory to the case of money—which both the enemies of this theory and some of its foremost sponsors . . . declared to be impossible.
Jeff Deist addresses the topic of Austrian investing with Chris Casey, Managing Director of WindRock Wealth Management. If you are an investor and you are interested in Austrian Economics, you will enjoy this show.
Mises Daily Friday by Laurence Vance:
Malcolm D. Magee’s new book on Woodrow Wilson, What the World Should Be: Woodrow Wilson and the Crafting of a Faith-Based Foreign Policy, examines a much-neglected topic: the role of Wilson’s religion in his enthusiasm for war and his goal to “conquer, convert, and change the nations.”
From RTTV, posted November 20:
It’s not only politicians, business leaders in Europe also consider sanctions to be harmful for the EU. RT speaks to Lew Rockwell, chairman of the libertarian think tank The Ludwig von Mises Institute in Alabama who thinks that ordinary people are hit the hardest.
The Daily Bell skewers the Swiss banking class for its hostility to the upcoming gold referendum, a referendum which banking interests almost certainly will find a way to defeat. Still, as the article points out, central bankers are now on the defensive.
The flowering of the tiny house movement is due in large part to the most recent boom-bust cycle, which left many homeowners wondering if mountain-sized homes are worth equally sized debt or a risky gamble on future housing prices. For some, this meant moving into a house that could be smaller than their previous house’s bathroom.
