Subjectivism is the philosophy that reality is what we perceive to be real and that no underlying, true reality exists independent of human perception. In other words, the nature of reality for an individual person is dependent on that individual's own consciousness. It follows that each person experiences...
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Filed under: Federal reserve, Euro, Alan Greenspan, U.S. dollar, gold standard, John Maynard Keynes, British pound, European Central Bank, Japanese yen, counterparty, Subjectivism. Objectivism, Aynd Rand, moral hazard, price stability, central banking, confidence, economic volatility, economic rent seeking, Bank of England, Bank of Japan, currency debasement, fiat money, Austrian economics, François-Marie Arouet de Voltaire
Perhaps the greatest modern champion of central economic planning was the 20th century English economist John Maynard Keynes. Keynes, who was a political socialist and for a time a central banker, advocated the idea that the government should play a large, active role in the economy. Among the consequences...
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Filed under: Federal reserve, GDP, OTC derivatives, CFTC, SEC, Gross Domestic Product, Securities and Exchange Commission, Goldman Sachs, Morgan Stanley, collateralized debt obligations, Obamacare, Pfizer, Commodities and Futures Trading Commission, Keynesian economics, Wells Fargo, Food and Drug Administration, GlaxoSmithKline, Lockheed Martin, Bank of America, General Dynamics, MBS, federal government debt, Rahn curve, CDOs, mortgage backed securities, Leviathan, J.P. Morgan Chase, FDA, Monsanto, Archer Daniels Midland, Northrop Grumman, Raytheon, over the counter derivatives, John Maynard Keynes, Johnson & Johnson, Behemoth, Boeing, Citigroup, Ziz
Por Allen McDaniels. (Publicado el 8 de noviembre de 2011) Traducido del inglés. El artículo original se encuentra aquí: http://mises.org/daily/5788 . Mientras revisaba los escritos del historiador revisionista y antiguo profesor mío James J. Martin, encontré una referencia...
Por Garet Garrett. (Publicado el 20 de octubre de 2011) Traducido del inglés. El artículo original se encuentra aquí http://mises.org/daily/5589 . [ American Affairs , 1947] * Traducido por Miguel Castañeda - Castideas La obra torpemente titulada Teoría General del...
Por Murray N. Rothbard. (Publicado el 18 de noviembre de 2009) Traducido del inglés. El artículo original se encuentra aquí: http://mises.org/daily/3845 . [Publicado originalmente en Dissent on Keynes: A Critical Appraisal of Keynesian Economics , editado por Mark Skousen. Nueva...
Labor Economics #1 - Sticky Wages by Alex Merced The next few posts I'll be writing will be a series on some aspects of labor economics which will mainly center around wages and upward mobility. In this initial part of the series I'm going to address one of the main Keynesian buzzwords, "Sticky...
My article "The Second Coming of Keynes" (originally posted here ) has been published today as a front-page Mises Daily. Here's the article and the comments page . Best. Mises.org. Image. Ever....
Paul Krugman wants to be our savior. Moreover, he wants to be a specific kind of savior: a magus of the scientific age, a blackboard prophet. The roots of this curious ambition can be seen in his recent profile in Newsweek : Krugman says he found himself in the science fiction of Isaac Asimov, especially...
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...