The Ludwig von Mises Institute South Africa defends the market economy, private property, sound money, and peaceful international relations. We believe government intervention is economically and socially destructive. This is our blog.
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Circle Bastiat
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: May 2013
Is it Juice or Juice? Word Socialism in South Africa
Governments want to own (that is, control) everything, and words are certainly no exception. Fruit juice manufacturers in South Africa are being forced to take the word “juice” off their label because the state thinks they’re lying to their customers. You … Continue reading
Posted in Uncategorized
Tagged nanny state, property rights, regulation, socialism, trade
2 Comments
Re: A discussion on money and cash
Julien: Thanks for your post. A few quick comments. Austrian theory, at core, is not particularly concerned with WHAT is money. If the market wants seashells, gold, liquid assets, or futures contracts of a broad basket of commodities, there is nothing … Continue reading
A discussion on money and cash
Following on from Gareth’s Bitcoin post, I would like to initiate a discussion around the functions of money vs. cash (the asset class, not the physical form of currency). My hope is that this discussion forms a sort of case … Continue reading
Posted in Uncategorized
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