Austrian Addiction

Dan D'Amico on proportionate punishment, free market prisons, criminal justice, Austrian economics and much more.

Social capital and the financial crisis?

Before the bailout I was skeptical that the bailout would 1) work as it said it would and 2) that it would carry its own unintended consequences. Looks like we're coming to those hard truths day by day as markets continue to resist being "stabilized Read More...

Read the complete post at http://austrianaddiction.rationalmind.net/archives/2008/10/social-capital.html