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01 September 2009
The 19th-Century Bernanke: Featured on Mises.org
My article The 19th-Century Bernanke (originally posted here ) is featured today on the Ludwig von Mises Institute web site. Here are the links for... the article comments MP3 audio file (read by Floy Lilley) I hope you will enjoy reading or listening to it. Here's an excerpt Like Ben Bernanke today... Read More...
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14 August 2009
Ben Bernanke Was Wrong: YouTube Mashup
Somebody did a cool "mashup" ( defined in Wikipedia as "a digital media file containing any or all of text, graphics, audio, video and animation drawn from pre-existing sources, to create a new derivative work") of my Mises.org article on Ben Bernanke's embarrassing prognostications... Read More...
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08 August 2009
The 19th Century Bernanke
There is something disarming about a technocrat. While it is easy to dismiss elected officials as blustering panderers, there is something comforting in the image of the specialist civil servant toiling away with industry and equanimity. Poring over statistics like a Hellenic priest scientifically examining... Read More...
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28 July 2009
Ben Bernanke Was Wrong: Featured on Mises.org
My piece Ben Bernanke Was Wrong is a Daily Article today on the Mises Institute web site. Here is the article and the comments page. I've fleshed out my commentary on the transcription to make it more of an actual article. I've also updated the article here on Summa Anthropica. One of the things... Read More...
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18 July 2009
Ben Bernanke Was Wrong
We now have the diametrical opposite of the famous " Peter Schiff Was Right " video (a compilation of 2006 and 2007 clips in which Schiff, a financial expert who subscribes to Austrian economics, predicted the deep recession that would follow the bursting of the housing bubble). The new, opposite... Read More...
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07 July 2009
Krugman's Rearguard Apologists: Featured on Mises.org
My article Krugman's Rearguard Apologists (originally posted here ), which follows up my Krugman's Intellectual Waterloo Mises Daily (also orginally posted here ) has been published today as a front-page Mises Daily. Please check it out and contribute to the comments . My sincere thanks again... Read More...
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24 June 2009
Krugman's Rearguard Apologists
As most readers will know, a collection of damning quotes has surfaced recently, exposing Paul Krugman, the doyen of the economic left, as having been completely backward on the most material economic event in our generation: the housing bubble. My recent article on the subject, Krugman's Intellectual... Read More...
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19 June 2009
My Take on the ABCT (Simple Version)
Below is my take on the Austrian Business Cycle Theory. Stages 1. Money Supply Increase causes a general 2. Credit Supply Increase , which causes a general 3. Interest Rate Decrease , which causes a general 4. Longer Term Investment Increase , which causes a general 5. (a) Demand for Labor Increase and... Read More...
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19 June 2009
Sound Money is the Only Solution
Economics is seen by most as a something best left to the experts. But have so much trust when it becomes obvious that "the experts" are completely clueless? Almost every economist was completely by surprise by the development of the economic crisis. And the solutions they are offering don't... Read More...
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