Video
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That Bernanke Interview
“We are not printing money” but one wonders where the $600 billion comes from.
A chilling look at the future
I know nothing about the National Inflation Association, which made this video as a promotional, but this video is extremely compelling and effecti
How to Improve Society
The Gilded Age ushered in industrial leaders in capitalistic achievement. Success in the world of commerce reflected certain characteristics.
Business and Economic Change
Profit and loss is the heart of business and economic change. Entrepreneurs drive the market at every level, predicting future wants and taking risks with their property. Earning profits is never guaranteed.
Modern Banking: Creating Booms and Busts
Deposit banking rests on the bank honoring property rights. Loan banking rests on making good loans that will pay off. But when loan banking and deposit banking merged, the temptation to loan out much more than was actually in the bank arose.
Why Does Economics Matter?
Austrian economists differ from mainstream economists mainly in this way: they do not rely on mathematical models, but on understanding what causes success or failure in the real world. Opportunity costs determine the choices people make.
The Division of Labor
Instead of each person doing all of the work creating what he needs and wants, dividing the labor amongst all of us into specialties is clearly superior by increasing the productivity of labor.
A Century of Failure: Why It’s Time to Consider Replacing the Fed
Recorded at the Mises Circle at Furman University on November 13th, 2010.
