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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- Say’s Law, Credit Expansion & the Business Cycle March 14, 2014
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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.
Tag Archives: keynes
Francois Hollande, Say’s Law & ABCT
Per Bylund on Twitter a few weeks back flagged some recent commentary by Professor Steven Kates on Say’s Law. I found Kates’ comments fascinating and I certainly think Say’s Law and its derivatives offers extremely fruitful analytical and theoretical opportunities … Continue reading
Posted in Russell Lamberti
Tagged ABCT, business cycle, demand, economic history, keynes, Say's Law, supply
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The Ghost of Keynes is laughing an evil laugh
I was listening to the radio yesterday. The presenter was interviewing the minister of tourism, Marthinus van Schalkwyk, Kortbroek himself. A caller phoned in, a guesthouse owner, complaining about how much worse the sector has turned since the 2010 FIFA … Continue reading