Tag Archives: austrian economics

Pareto Statistic: The Wealthiest 1% Will Soon Own 50% of the World’s Wealth

They who say all men are equal speak an undoubted truth, if they mean that all have an equal right to liberty; to their property, and to their protection of the laws.  But they are mistaken if they think men … Continue reading

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Environmentalism in the Light of Menger and Mises

This is a must read for anyone interested in a real and lasting solution to the liberty and property rights destroying ideas of “radical environmentalism.” — jtl by George Reisman from the Quarterly Journal of Austrian Economics. Volume 5, No 2 (Summer 2002).  … Continue reading

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A Capitalist Christmas

[Reprinted from the December 1995 issue of The Free Market.] Halloween has a socialist tenor. Menacing figures arrive at your door uninvited, demand your property, and threaten to perform an unspecified “trick” if you don’t fork over. That’s the way … Continue reading

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Correcting Scrooge’s Economics

Economics is commonly confused with business and money. It is only indirectly related to both. It is a “social” science that explains human behavior and how scarce resources are allocated amongst insatiable desires. One can be a good economist and … Continue reading

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Ad Environmental and Natural Resource Economics

KINDLE VERSION NOW AVAILABLE PAPERBACK VERSION COMING SOON Environmental and Natural Resource Economics: The Austrian View edited by Dr Jimmy T (Gunny) LaBaume Murray N. Rothbard was the father of what some call Radical Libertarianism or Anarcho-Capitalism which Hans-Hermann Hoppe described … Continue reading

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Why Tenure-Seeking Non-Keynesian Economists Hate Rothbard

My recommendation: begin your economic studies with Rothbard’s books. That has been my recommendation for a long long time. I’ve always felt that, if you can convince a person to read either The Ethics of Liberty or For a New … Continue reading

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What Bugs University Economists

You should adopt this model. It is not an academic model. It is not a tenure-track model. But it is a model that at least gives you the possibility of leaving a legacy of liberty. I did and I paid … Continue reading

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How Inflation Destroys the Wealth of Nations – Joseph T. Salerno – Mises Daily

How Inflation Destroys the Wealth of Nations – Joseph T. Salerno – Mises Daily. FOLLOW FLYOVERPRESS.COM ON FACEBOOK ——————————————————————- Books by Dr. Jimmy T. (Gunny) LaBaume Call for a pizza, a cop, and an ambulance and see which one arrives … Continue reading

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How the Keynesians Won . . . And Will Lose

How the Keynesians Won . . . And Will Lose.

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The Case of the Missing Recovery

by Paul Craig Roberts via Institute for Political Economy Have you seen the economic recovery?  I haven’t either.  But it is bound to be around here somewhere, because the National Bureau of Economic Research spotted it in June 2009, four … Continue reading

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