-
There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion or later as a final and total catastrophe of the currency system involved.
Ludwig von Mises
Categories
- Economics in One Lesson (4)
- Uncategorized (126)
Archives
- March 2014 (2)
- January 2014 (2)
- November 2013 (1)
- October 2013 (1)
- August 2013 (2)
- July 2013 (2)
- May 2013 (3)
- April 2013 (4)
- March 2013 (6)
- February 2013 (7)
- January 2013 (12)
- December 2012 (2)
- September 2012 (1)
- July 2012 (1)
- June 2012 (4)
- May 2012 (3)
- April 2012 (11)
- March 2012 (8)
- February 2012 (7)
- January 2012 (16)
- December 2011 (9)
- November 2011 (7)
- October 2011 (9)
- September 2011 (10)
Twitter
- Kept in the dark wp.me/p1O9ar-c0 3 years ago
- What has the MPC got to hide? wp.me/p1O9ar-bP 3 years ago
Monthly Archives: April 2012
Slippery slope spotted in the wild
Those who are pushing for the UK government to adopt plain packaging laws for cigarettes might want to bear in mind the view of one Emily Robinson, of fake charity Alcohol Concern: We’d like to see more action on labelling, but we … Continue reading
Posted in Uncategorized
Tagged fake charities, libertarianism, plain packaging, prohibitionists, slippery slope
Leave a comment
How government housing schemes (and the Bank) push up house prices
As house prices remain high, and the average age to buy your first house gets higher, government schemes to help individuals and families get on the housing ladder are popular. The coalition has recently launched 2 new schemes – First … Continue reading
What If?
Ron Paul certainly asks the right questions: And it inspired the following French video – YouTube has subtitles using the CC button. H/T Tom Woods
Posted in Uncategorized
Tagged Austrian school, economics, Frédéric Bastiat, libertarianism, ron paul
Leave a comment
Less regulation, not more, is the answer to media and political corruption
The findings of the Leveson Enquiry are making for uncomfortable reading for both the current Tory government, and it’s Labour predecessor. But how do we stop the media from having an undue influence on ministers and policies? As eloquently argued over at the ASI … Continue reading
The Feds just defined injustice
From RealClearMarkets: Which would you imagine might attract more aggressive enforcement from the Justice Department: the theft of $1.2 billion from supposedly segregated customer brokerage funds, or lying about an alleged incident of whistling to attract the attention of a whale … Continue reading
