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Fraud. Why the Great Recession?
Watch this crowdfunded documentary produced by Austrian school economist Jesus Huerta de Soto, author of "Money, Bank Credit, and Economic Cycles," on what caused the Great Recession. Click to watch it free online.
Monthly Archives: August 2012
What the State Is
I wish I could write with such lucidity as Murray Rothbard… h/t EPJ
Win $10 000 finding gems like these
At unz.org an accessible archive of fascinating records have been made available, dating back to the 18th and 19th centuries. It includes easily accessible books, periodicals and more, including near complete collections of titles like Reason, The American Conservative and Social … Continue reading
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Bloedige opstande en belasting
Chris Becker het onlangs verwys na hoeveel belasting Suid-Afrikaners vandag betaal en in die kommentaar oor die moontlikheid van Suid-Afrikaanse belastingweerstand gewonder. Terwyl Marikana en die geweld daar so in die nuus is, het ek gaan kyk na ‘n paar … Continue reading
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ABCT Explains Maude Street’s ‘Retail Sales Paradox’
On July 27, Keith Mclachlan over at Maude Street, interviewed Chris Hart, chief investment strategist at Investment Solutions. In the prelude to the interview, Mclachlan says that ”If the economy is growing at a modest 3% (at best) and the economy is beset … Continue reading
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In Defense of Full Reserve Free Banking
In her paper Against Monetary Disequilibrium Theory And Fractional Reserve Free Banking, Oxford graduate Laura Davidson takes on the famous fractional reserve free banking (FRFB) school, represented most formidably by the theorists Selgin, White and Horwitz. Specifically she addresses one of the cornerstones … Continue reading
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Tagged ABCT, business cycle, fractional reserve banking, malinvestment
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Financial Mail on how much tax South Africans actually pay
In an article called “Born free, taxed to death“, Financial Mail outlines in a bold article just how much South Africans are really taxed. In it, they quote the research findings of Paul Joubert, an economist who was featured on … Continue reading
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Defending ABCT
In the Summer 2012 edition of The Quarterly Journal of Austrian Economics, Lucas Engelhardt tackles an old criticism of Austrian Business Cycle Theory (ABCT) in his paper Expansionary Monetary Policy and Decreasing Entrepreneurial Quality. The criticism is based on Rational Expectations … Continue reading
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Tagged ABCT, business cycle, malinvestment, Rational Expectations
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What Capitalists Are Up To While Government Is Dumping Textbooks
While the government and its agents are dumping textbooks intended for use in government schools, capitalists are already working on ways to eliminate paper textbooks completely, while improving the learning experience for students many times over. Inquire, the intelligent textbook … Continue reading
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Summer 2012 QJAE is out
The Summer 2012 edition of The Quarterly Journal of Austrian Economics is out and available for free here. This lineup looks great. Here are some of the titles: The Continuing Relevance of Austrian Capital Theory Expansionary Monetary Policy and Decreasing … Continue reading
Nigel Farage Interview on King World News
I think this is a solid interview by Nigel Farage, leader of the UK Independence Party (UKIP). Farage defected from the Tories back in 1992/93 when John Major signed the Maastricht Treaty, forming the UKIP as a staunchly anti-European Union … Continue reading