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I have been writing up stuff that I thought was interesting and related to the current economic mess. It has gotten a bit long but I really think it has many interesting things that I did not understand a year ago. I think other Austrian economist types will agree with most of it and still find new stuff...
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Their subsidization of solar panel production is, believe it or not, has little or no impact on the pace of solar energy research and development. If they subsidized the production of cell phones, new faster, smaller, more reliable cell phones would still be coming out every year. The only difference...
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I thought this would be a good way of spreading our message freely, further, and faster. I arranged all information within the torrent exactly as it was downloaded from the beautifully-arranged Mises U that you have implemented on iTunes. I thought this additional format of delivery would be handy for...
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Greetings. A new free audiobook is available in The Rational Argumentator's Audio Section : http://progressofliberty.today.com/tra-audio/ The Austrian Theory of the Trade Cycle , compiled by Richard M. Ebeling; Read by G. Stolyarov II This book contains six essays by Roger W. Garrison, Ludwig von...
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In the midst of our economic slowdown, the U.S. Treasury Dept has issued what they are calling the "Blueprint for Financial Regulatory Reform". The highlights, as given by an article on Yahoo!'s website , are as follows: --designate the Fed as the primary regulator for market stability...
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I will concede that P does not necessarily increase if V does, but that P tends to rise all other things being equal, due to demand rising. This must be the case. If demand rises, P must tend to rise also. Other factors may negate the actual rise in P, but none the less, the tendancy is there. [quote...
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Nathyn, You obviously haven't read a lot concerning the ABCT. There is a lot of information in this site on it. I recommend all the lectures by Garrison especially, and the on line book "Prices and Production" by Hayek. [quote user="Nathyn"]When fractional reserve banking is established...
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[quote user="leonidia"] "The velocity of exchange" has nothing to do with it. It's not even a valid concept. [/quote] I disagree. Velocity is a valid reason for price inflation and one of the problems with artifically low interest rates. When consumers save less due to insufficient...
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Just tonight, I was talking to someone about how the market entails natural regulations, regulations which the government perverts and negates through its own coercive regulations. I gave the example of our banking industry which, thanks to Big Government, is essentially completely unregulated. Banks...