The Distinction between Theory and History
The economist who knows no history understands far less than his opposite number in the historical profession; but his claims are far greater. Therefore, he is much wider off the mark.
Global Economy
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Laughing at the Regime
The Soviet Union produced the most effective and successful propaganda machine in the history of mankind. Mikhail Suslov was that machine, and that machine was Mikhail Suslov.
It’s the Speculators, Stupid!
If anyone is to take the blame for the current mess in which European countries find themselves, it should not be the bearers of bad news but those who steered the affected economies in the unsustainable direction.
The German Miracle vs. the Welfare State
"If this mania increases we shall slide into a social order under which everyone has one hand in the pocket of another."
Is Deflation in the United States Possible?
As long as the money- supply rate of growth remains a positive figure, there can be no deflation.
Building the Ruling Elite
"Mercantilist 'theory' was a set of rationales designed to uphold or expand particular vested economic interests."
Excuse Me, Madam Secretary
Oh, one last thing. Brazil doesn't have the highest ratio of tax revenue to GDP in the western hemisphere. Cuba does.
The Impact of the BP Oil Spill
Bob DelGiorno of the “First News” radio program on WWL, New Orleans, interviews Professor Walter Block, 7 June 2010.
Towards a Theoretical Framework for British and International Economic History: Early Modern England
Sudha Shenoy (1943-2008) was a legendary figure in the history of the Austrian School. Her father, B.R. Shenoy, was practically the only libertarian in India in his day. His daughter, Sudha, was a student of Hayek and Rothbard and went on to...
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Mercantilism and Inflation
"Whenever the central bank inflated itself into financial trouble, the government stood ready to allow it to suspend specie payments."
