nloufrani
Nicolas Loufrani
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The government's initial step in attempting to create a government-run healthcare monopoly has been to propose a law that would eventually drive the private health insurance industry out of existence.
Socialized Healthcare vs. The Laws of Economics - Thomas J. DiLorenzo
How the Fed Rules and Inflates - Murray N. Rothbard
Editor's Note: It seems this holiday season, instead of presents from Santa's sleigh, we'll be showered with dollars from Bernanke's helicopter. Yesterday, the Federal Reserve announced plans to spend $45 billion a month to buy bonds, and to keep a key interest rate near zero until unemployment drops below 6.5 percent. This means massive inflation, as Murray Rothbard makes clear in chapter 23 of The Case Against the Fed , which explains in Rothbard's inimitable style and clarity exactly how the Fed floods the economy with new money.Each year, our attention turns to the holidays… and to holiday consumer spending!
Deck the Halls with Macro Follies - John Papola
The war's direct costs to the United States were: 130,000 combat deaths; 35,000 men permanently disabled; $33.5 billion (plus another $13 billion in veterans' benefits and interest on the war debt, as of 1931, all in the dollars of those years); perhaps also some portion of the 500,000 influenza deaths among American civilians from the virus the men brought home from France. [1]
The Road to World War II - Ralph Raico
Co-Director of the Greater Good Science Center
Dacher Keltner | Department of Psychology, UC Berkeley
Judaism, Capitalism, and Marx - David Gordon
Part 1 of "Judaism and Capitalism: Friends or Enemies?" The Lou Church Memorial Lecture in Religion and Economics, presented at the 2012 Austrian Scholars Conference The subject “Judaism and Capitalism” needs to be addressed in two related but separate parts.
The Austrian School of economics has provided the world with devastating critics of Keynes's magnum opus The General Theory of Employment, Interest and Money ( TGT ) for a long time.
The Errors of Keynes - Philipp Bagus
Fed’s Policies Expose Mainstream Fallacies - Frank Shostak
At the annual meeting of the American Economic Association in San Diego (January 4–6, 2013), Harvard professor of economics Benjamin Friedman said,Banking and the State - Thorsten Polleit
“It had come to be accepted that the pigs, who were manifestly cleverer than the other animals, should decide all questions of farm policy, though their decisions had to be ratified by a majority vote.”The Brutality of Slavery - Murray N. Rothbard - Mises Daily
[This article is excerpted from Conceived in Liberty , volume 1, chapter 6, "The Social Structure of Virginia: Bondservants and Slaves". An MP3 audio file of this article, narrated by Floy Lilley, is available for download .] Until the 1670s, the bulk of forced labor in Virginia was indentured service (largely white, but some Negro); Negro slavery was negligible.A Post Keynesian Perspective: Debunking Austrian Economics 101, Updated
I have updated my earlier set of links to various posts on my blog for debunking the theories of Austrian economics.Some people call the programs of economic freedom a negative program. They say, "What do you liberals really want? You are against socialism, government intervention, inflation, labor union violence, protective tariffs.… You say no to everything."