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Philosophy and MethodologyValue and Exchange
Jeff Deist pithily describes Taleb’s prose as “Rothbard meets Hayek.” But Taleb shares some ideas in common with Ludwig von Mises as well.
Philosophy and Methodology
Behavioral economists are masters of comparing apples to oranges and dressing up incorrect statements in fancy language and mathematics.
Austrian Economics OverviewOther Schools of ThoughtValue and Exchange
What makes a good a good is not the physical thing itself, but the value we find in it because it is serviceable toward some valued end.
Capital and Interest Theory
Big GovernmentLegal SystemStrategy
Bureaucracy and Regulation
In a city with rapidly rising housing needs, there is really only one way to keep housing prices stable or falling: produce a lot of housing.
Money and Banks
To cause a truly disastrous boom and bust with far-fetching real consequences, you need to control the money supply.