Consumers Don’t Cause Recessions
"There are so many problems with Krugman's thinking that it's hard to know where to begin."
"There are so many problems with Krugman's thinking that it's hard to know where to begin."
Google Trends records a massive increase in searches for Austrian economics, with the leading city for most such searches being Washington, DC, but extending to all areas of the world.
For until Rothbard's work is carefully studied by every advocate of liberty, the value of his contributions to the libertarian system cannot be fully appreciated and, moreover, the unity and true historical context of libertarianism will not even be fully grasped.
Recorded at the Mises Institute Supporters Summit, 1 November 2008; Auburn, Alabama.
"Great Britain's private coins were more popular than official ones, and for good reason…"
This was the first book on economics that just jumped out and grabbed me. I had read a few before, but they were boring. Very boring.
Contrary to what Weisberg claims, the philosophy of freedom has, once again, been proven right.
The principal criticism of anarchism posed by the minarchists here represented is that a free society requires an objective, uniform law code, a demand anarchism cannot satisfy.
Bankruptcy is a normal part of economic life, covered by laws that guarantee stockholders will be compensated as much as possible.
The state punishes those who do good (those who provide services that customers are willing to pay for at a price they are willing to pay) and rewards those who do evil (those who use the coercive power of the state to prevent people from entering the marketplace and earning a living).