Tag Archives: austrian economics

Why the Government Hasn’t Yet Managed to Destroy the Economy

Markets are like weeds. They are impossible to stamp out. Markets emerge wherever and whenever there exist opportunities for individuals to gain through exchange. But not all markets are equal. Market exchanges in the absence of property rules take place, … Continue reading

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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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