Tag Archives: Credit

A Culture of Fear

Does easy money play a part in justifying growth of government? Probably not. Continue reading

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Empirical Evidence for Austrian Theory

Graph showing greater drop in producer goods industry, rather than consumer goods. Continue reading

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Credit as a Panacea

Just because Venezuela has a lower national debt than Greece doesn’t mean that Venezuela is in the clear of major economic trouble. Venezuela suffers from terrible inflation. Continue reading

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Overregulation?

Vietnam is an example of overregulation. The United States should heed the warning. Continue reading

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Peter Schiff on the Yuan

Some comment’s on Peter Schiffs recent article on China and the devaluation of the yuan. Continue reading

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Credit Booms and the Great Depression

(HT Hayek Center.) Barry Eichengreen of UCB and Kris Mitchener of Santa Clara University explore the role of the credit boom in causing the Great Depression.  The Austrian influence is clear, and particularly interesting is their analysis of how a … Continue reading

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Garet Garrett’s Invaluable Lesson

Garet Garrett warned of uncontrolled public debt in 1931, and still the lesson has yet to be heeded. A crisis of interventionism, as termed by Ludwig von Mises, is fast approaching. Continue reading

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Bubble Economics

A comment on Paul Krugman’s post on the housing market, interest rates and Ben Bernanke. By looking at irrelevant statistics one does nothing to avert future crises of the same nature—credit bubbles do not only form in housing. Continue reading

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Why Economic Stimuli Don’t Work

There are already talks of a second stimulus package. This will only bring about greater poverty and greater illusion of recovery. The future remains bleak for world prosperity. Continue reading

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The Case Against the Issue of Fiduciary Media

Ludwig von Mises on the issue of fiduciary media, from his first book on the topic of money: “The Theory of Money and Credit”. Continue reading

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