George Reisman explains “good deflation”, the virtues of a stable supply of money and what occurs with increases in productivity. This explanation, thoroughly “Austrian”, goes against conventional economic “wisdom”.
Posts Tagged ‘Capitalism’
Reading Capitalism
New reading group to slowly read and dissect George Reisman’s seminal “Capitalism”.
Globalization: The Long-Run Big Picture
[This article was originally published on George Reisman's website, under the same title. His book, Capitalism, is available for free on PDF, although it is far more valuable as an addition to your physical library. It can be purchased from the Ludwig von Mises Institute.]
Globalization, in conjunction with its essential prerequisite of respect for [...]
Classical Liberalism versus Anarchocapitalism
Professor Jesús Huerta de Soto on the differences between anarcho-capitalism and classical liberalism, and why intellectual evolution eventually leads to anarcho-capitalism.
Joseph Stiglitz’ Words of “Wisdom”
Joseph Stiglitz, in “Making Globalization Works”, fails to understand the root causes for market instability. He blames “market fundamentalism”, while the real case is in fact the very regulation he supports.
Zionism’s Losing Battle
Zionism is doomed to failure, and the only Middle East peace solution is a dissolution of government and the return of economic and social freedoms to both the Jews and the Arabs.
Gold and Economic Freedom
An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense—perhaps more clearly and subtly than many consistent defenders of laissez-faire—that gold and economic freedom are inseparable, that the gold standard is an instrument of laissez-faire and that each implies and requires the other.
Inevitability of Government
A world without government is a dream of all anarcho-capitalists. It is a pretty picture, and in theory in might even be the best “political system” for society. However, there are many arguments which could be made against anarcho-capitalism, and without a doubt the topic is one of heated debate.
