-
Hey all, I am still relatively new to Austrain economics and libertarianism and I was wondering if anyone could clear something up for me. I was talking with my friend the other day and I was talking bad about the bailouts and "economic stimulus" that is being proposed by politicians here in...
-
I came across an interesting article today talking about a manga (comic book) version of Karl Marx's 'Das Capital' selling in Japan. Although I must admit it's interesting to see ideology conveyed in this manner, at the same time it's unfortunate that people are starting to lose faith...
-
Here's an interesting video I came across today which features Mandelbrot -- a mathematician famous for his work on fractals, and Taleb -- who's famous for his book "The Black Swan". What are your thoughts on the video and on their understanding of economic theory and the events happening...
-
Perhaps the best line from all of this non-sense was this statement: Committee Chairman Henry Waxman , a California Democrat, said Greenspan had ``the authority to prevent irresponsible lending practices that led to the subprime mortgage crisis.'' Incredible. http://www.bloomberg.com/apps/news...
-
Bush's neo-con take over is almost complete. http://news.yahoo.com/s/ap/20081009/ap_on_bi_ge/meltdown_paulson
-
Here is another article about the Saudi production of wheat. They are phasing out local production of wheat by 2016 because they were depleting their own fossil water resources.
-
Check this article of the LA Times . They claim that Africa will be plundered by foreign investors who want to buy land, invest in irrigation and transfer technology. I consider at least risky, or even plain stupid, to invest in a country where exports can be blocked at anytime and the cries for nationalization...
-
The same economic mistakes as in the US with the difference that half of the world has it in their best interest to save the $ - in short: remnibi, oil prices, exports, those "triple-A" US government bonds etc. - while nobody gives a hoot about the £. In the last few days the $ got even gained...