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I have read and reread Tom Woods’s fantastic book, Meltdown. However, I’m stuck on a question concerning Austrian Business Cycle Theory. In particular, I would like to gain a better understanding of the impact of unutilized productive capacity in a market and its ability to absorb monetary...
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Hello everyone. I'm a Graphic Designer graduating this year and I'm really trying to make my portfolio the best it can be. Because of this, I have an idea of creating a book which lays out economic laws and theories, accompanied by illustrations which culminate in the end of the book to describing...
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I have read some works by Milton Friedman, Ludwig Von Mises, Adam Smith, and Ayn Rand; and they all seem to be correct! What are the primary philosophical differences between these individuals, especially Milton Friedman and Ludwig Von Mises. Furthermore, what distinguishes that Austrian School from...
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Many people today want to know whether or not there is any evidence that proves that the Austrian theory of the business cycle is correct. Many empricists and positivists critique the Austrian school for being too reliant on logic and reason and not reliant enough on evidence. Epistemological arguments...
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As apart of an independent study course that I will be doing in the spring semester, I will be doing a debate on the legacy of Greenspan's career at the Fed. The format of the debate is that there will be two teams, one arguing for a positive intepretation of it and the other vice versa, each team...
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Hello, I am in the middle of a rather verbose 'conversation' with an aquaintance, and his most recent response to me contained the following paragraph: Evidently you have fallen victim to recent propaganda about the Community Reinvestment Act. The CRA actually restrained subprime lending. I urge...