Tag Archives | Austrian Economics

Can More Inflation Revive the US Economy?

http://mises.org/story/3489 Reposted by Michael Shanklin Mises Daily by Frank Shostak The fall in the headline consumer price index (CPI) in April for the second consecutive month has raised concern that the US economy might have fallen into a deflationary black hole. Year on year, the CPI fell by 0.7% in April after declining by 0.4% in […]

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The Social Security Ponzi Scheme/Scam

http://mises.org/story/3469 Mises Daily by Mark Brandly Reposted by Michael Shanklin The release of the 2009 Social Security Trustees Reportindicates that the current economic crisis has negatively impacted the Social Security budget. It’s now projected that by 2016 Social Security spending will exceed revenues. According to the report, the financial condition of the Social Security program “remains challenging” […]

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Secretary Geithner: Hayekian or Keynesian?

http://mises.org/story/3479 Mises Daily by D.W. MacKenzie  Reposted by Michael Shanklin   Austrian economists have insisted that the Federal Reserve Bank helped cause the subprime housing boom that led to the financial crisis of 2008, and we are not alone in this opinion. According to Treasury Secretary Timothy Geithner, Federal Reserve policy was “too loose for too long.” […]

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John Stossel “You Can’t Even Talk About It”

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Never-Ending Government Lies About Markets

http://mises.org/story/3446 Reposted by Michael Shanklin Mises Daily by Thomas J. DiLorenzo The purpose of government is for those who run it to plunder those who do not. Throughout history, governments have used violence, intimidation, coercion, and mass murder to enforce this system. But governments’ first line of “defense” is always a blizzard of lies — […]

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Obama’s Stock Market Mini-Bubble

http://mises.org/story/3460 Posted by Michael Shanklin Mises Daily by Frank Shostak 5/12/2009 Since the end of February when the S&P 500 closed at 735.09, the index has been pushing strongly ahead, closing on Friday, May 8, at 929.23 — an increase of 26.4%. We suggest that the key driving force behind this strong bounce is a […]

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Darth Greenspan

http://mises.org/story/3444 Posted by Michael Shanklin Mises Daily by Dan O’Connor 5/11/2009 The former chairman of the US Federal Reserve shares a lot in common with one of the most famous villain characters in the history of Hollywood, Darth Vader, who was first a member of the Jedi coalition when his name was Anakin Skywalker. Anakin […]

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The Myths of Capitalism’s History

http://mises.org/story/3455 Posted by Michael Shanklin Mises Daily by Art Carden History provides ample evidence that ideas matter, and reverence for facts is an intellectual virtue. History also shows that one of the more pernicious phenomena in the world is a set of facts that simply aren’t true. Western industrial history, and the policies building on […]

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