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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
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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
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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
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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
