Tag Archives: Economics

When Mainstream Economics Was Wrong, Mark Thornton Was Right

One rule of thumb I’ve adopted is: whenever the idea that the business cycle may have been tamed forever starts to become mainstream, the bust is around the corner. I’m proud to say that I consider Mark Thornton to be … Continue reading

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The Many Ways the Pope Is Wrong About Capitalism

Economics is a science, and to ignore economic law is futile. As Mises trenchantly observes, “it is futile to approach social facts with the attitude of a censor who approves or disapproves from the point of view of quite arbitrary … Continue reading

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Simple math explained by a 5th grader

I promise you’ll enjoy this bit of enlightenment! For those who can’t figure it out, this 5th grader will explain it to you. Pretty good but the kid blew it at the end when he talked about running for office. … Continue reading

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The Nightmare of Living in the Past

By mechanizing the arduous process of doing the household laundry, the washing machine gave women back all of the many hours they spent washing, agitating, and wringing out clothes by hand…With a machine to do the wash, Rosling’s mother had … Continue reading

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A Full-Blown Economic Crisis Has Erupted In Russia

The 8th largest economy on the entire planet is in a state of turmoil right now.  The shocking collapse of the price of oil has hit a lot of countries really hard… Texas being one of them…I am reminded: Back … Continue reading

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Book Release Announcement: Environmental Economics

Environmental and Natural Resource Economics: The Austrian View edited by Dr Jimmy T (Gunny) LaBaume Is now available in both PAPERBACK and Kindle Murray N. Rothbard was the father of what some call Radical Libertarianism or Anarcho-Capitalism which Hans-Hermann Hoppe described as … 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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Announcing the release of a three volume series of new books, The Essence of Liberty

THE ESSENCE OF LIBERTY: Volume 1, Volume 2 and Volume 3 The Essence of Liberty Volume I: Liberty and History chronicles the rise and fall of the noble experiment with constitutionally limited government. It features the ideas and opinions of some of the … Continue reading

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Obamacare Delay: Good Politics, Bad Economics – D.W. MacKenzie – Mises Daily

Obamacare Delay: Good Politics, Bad Economics – D.W. MacKenzie – 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 first. So, … Continue reading

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How the Keynesians Won . . . And Will Lose

How the Keynesians Won . . . And Will Lose.

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