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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: Rothbard
Mises and the Diminished A Priori
Excellent piece by David Gordon at Mises.org regarding Rothbard’s and Machlup’s differing interpretations of Mises’ methodological approach to economic theory (the a priori aspect of Mises’ praxeology). In “Mises and the Diminished A Priori“, Gordon assesses recent claims (cited by Peter Boettke) by Gabriel … Continue reading
Posted in Russell Lamberti
Tagged a priori, Austrian economics, Boettke, Machlup, methodology, mises, praxeology, Rothbard
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The Wenzel IP Embarrassment
Bob Wenzel and Stephen Kinsella had their much-anticipated ’debate’ about IP yesterday. Here’s the podcast, although you may want to spare yourself the agony. It’s 2h30m long and is mostly Wenzel ranting and raving in a logically incoherent manner. Not sure anyone has … Continue reading
Posted in Uncategorized
Tagged intellectual property, Kinsella, property rights, Rothbard, Wenzel
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Life in a Walrasian-General-Equilibrium town
Excerpted from an interview by the Austrian Economics Newsletter with Murray Rothbard Austrian Economic Newsletter: What about conferences during the early seventies? Murray Rothbard: The first was conducted at Cornell, the summer of 1973. Forest MacDonald and myself were giving papers. At … Continue reading
Rothbard on trade and money
In light of my points regarding money creation, trade and exchange rates, here is one of the masters explaining the process. This excerpt is taken from The Mystery of Banking by Murray Rothbard, pages 120-123. Find the free PDF here … Continue reading
Posted in Uncategorized
Tagged business cycle, fractional reserve banking, gold, inflation, mises, Ricardo, Rothbard, trade
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Mises, Menger, and Keiser cont. cont.
John Aziz replies to my previous post: Well, I think any discussion on empirical methodology in economic theory needs to begin with the point that the current crop of “empiricists” aren’t really very empirical. Throwing a load of math together … Continue reading
Mises, Menger, and Keiser cont.
In August I wrote a rather long post on Austrian methodology responding to John Aziz of Azizonomics. It all started with the Max Keiser ‘attack’ on Mises. Then Tom Woods came to Mises’ defence and then Aziz weighed in with a … Continue reading
On Austrian Methodology and Praxeology
Blogger, analyst and economic hot-shot, John Aziz, recently posted at his blog, Azizonomics, a criticism of Mises’ and Rothbard’s methodological approach: “A Critique of the Methodology of Mises & Rothbard” The rather convoluted background here is that shock-jock Max Keiser got … Continue reading