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Well, we pretty much have gone through a recession...so now we are logically entering a depression. The decline of the dollar and other currencies is pretty likely. But seeing that many "experts" have foretold such a decline already a couple of years ago it will be interesting to see how everything...
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Hello, Though a regular Mises.org and LewRockwell.com reader, this is my first post here. I appreciate your patience in humoring me a bit. I posed this question to Walter Block and, not knowing the answer, he suggested I pose it here. Having begun personally studying Austrian Economics a few years ago...
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Normal 0 false false false EN-US X-NONE X-NONE hi,, i really need help with this assignment, its taking me forever and i still cant get it right. Can anyone help plzzzzz You are in a business of producing pocket calculators. Your total costs are: QS TC 0 30 1 40 2 48 3 55 4 70 5 95 6 150 a-calculate...
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Hello libertarians (and other strong supporters of liberty and--therefore--capitalism): I contacted Jeffrey Tucker regarding the idea referred to below, and he suggested I put a post on this forum. I stumbled upon a way to improve capitalism systemically and to accomplish everything any libertarian has...
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Let's say widgets have been selling like gangbusters and it is a trillion dollar industy. People spend 1 trillion per year on widgets. Let's say 10,000,000 people are employed in the industry. All of a sudden, something happens and no one wants widgets anymore, they decide to save their money...
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It is truly amazing how our congress has been able to deflect the financial turmoil onto our banking and financial systems, when they are directly responsible for creating the turmoil. Their GSE's Freddie and Fannie; their created moral hazards of implied guarantees; their mindless regulatory schemes...
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On the Debian User forums at http://forums.debian.net/viewtopic.php?f=3&t=44052 there is a thread on the interview with Michel Bauwens, founder of the Peer to Peer Foundation. He is one of those who believe in open spaces and creation without incentive. In this interview he talks about the Free Software...
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A delay of consumption, IE a temporary increase in the standard of living of others due to an increase in the real purchasing power of money. Decreased supply = higher marginal value for existing units.
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[quote user="process"] This paper examines the impact of minimum wages on earnings and employment in selected branches of the retail-trade sector, 1990–2005, using county-level data on employment and a panel regression framework that allows for county-specific trends in sectoral outcomes...
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Greetings - First, thank you for these scholarly forums -- it is a time when clear thinking is again needed at the forefront of politics and economics. WANTED POLITICAL/ECONOMIC PHILOSOPHERS: Is it time for a " Liberty Manifesto ?" <-- click to download PDF. We will publish the finished...