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Was the Federal Reserve's monetary policy the proximal cause of the financial crisis of 2007-2008? Also, what are the best free market sources for information and argumentation on this mechanism (e.g. published papers, data, forecasted predictions, etc)?
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What, if any, flaws do you think free-market capitalism has?
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There is a similar argument trending here: http://iamdavidhenderson.wordpress.com with regards to the FDA. Any input would be GREATLY appreciated!
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A friend of mine (I know, again) made the following claim about medicine and free markets: The fact is that, on average, Americans spend far more money on health care and don't have a commensurate benefit in any measure of health. In fact, Health Care is a great example of an industry that likely...
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http://mhpbooks.com/books/debt/?id=308 Claims money was established by kings/states. Denies that barter was the start of money. So far this book has glowing reviews (mostly from socialists) but does anyone who has read it know how accurate his claims are?
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Hypothetical question : If the US Treasury/ Federal Reserve were to make an announcement saying that the US will never be returning to the gold standard (and fiat currency were permanent), and the Fed would no longer hold gold in its vaults, what would be the impact? What would be the attractiveness...
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I've written another post for my blog and Gather.com titled " What is a Free Market ?" One of the commenters has equated perfect markets with free markets . I'm not really sure how to reponds to this. Quoting him: Theoretically, a free market should "theoretically" tend to...
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Okay, I'm having a discussion with a socialist/statist about the free market, monopoly, and anti-trust laws (repeal them!). I'm getting to the point where my austro-libertarian knowledge is incomplete. He says: It is a major financial commitment for a startup to stock and staff a store. As soon...
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The Holdout Problem: "the holdout problem has been defined in many ways. Properly understood, it is a form of monopoly power that potentially arises in the course of land assembly. Once assembly begins, individual owners, knowing their land is essential to the completion of the project, can hold...
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ok, so im trying to understand how we wouldnt need labor laws in a free market. what about unsafe work conditions? and child labor?