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Austrian Economics

Donald Trump Is Right on the Money (Literally)

Robin Koerner | Posted 05.11.2017 | Politics
Robin Koerner

The fact that the government is utterly financially unconstrained in just the way Trump noted today is the hugest, most subversive Truth he has told to date. And of all the truths he has ever told, it is the one that libertarians should be proclaiming the loudest.

Eleazar David Melendez

Bitcoin Trading Boom Bittersweet For Long-Time Traders | Eleazar David Melendez | Posted 04.11.2013 | Business

NEW YORK -- Kacper Cieśla kept wondering how long it would take for the police to knock on his door. It had only been a few weeks since the 22-yea...

An Inflation Inflection and the Best Trillion We Shouldn't Spend

Robin Koerner | Posted 10.12.2012 | Politics
Robin Koerner

Since the government is only taking in about 57 cents in tax revenue for every dollar it spends (as it is currently doing while running its huge public deficit), why aren't we seeing all that massive inflation as this new government-spending-created money sloshes around the private sector?

Conservative Candidates and Their Love affair With Austrian Economics

Isabel Otero | Posted 03.10.2012 | Politics
Isabel Otero

Many Republican candidates, Congressman Ron Paul in particular, are out praising the merits of the Austrian School of Economics or quoting from Hayek in an attempt to solidify their small government anti-Keynes stance. I truly wonder if they've done their research...

Grow up, Ron Paul

C. Robert Gibson | Posted 03.11.2012 | Politics
C. Robert Gibson

Ron Paul's every-individual-for-themselves rhetoric appeals to young, radical libertarians with simplistic viewpoints of authority, and an ignorance of why government exists in the first place.

Austrian Medicine for the MMT Patient

Robin Koerner | Posted 10.11.2011 | Business
Robin Koerner

Austrians prefer limited government -- limited to enforcing contracts made voluntarily between free individuals. They don't want government to print and inflate money as that allows them covertly to reduce private wealth, transferring it to themselves.

Austrian Economics and Modern Monetary Theory

Robin Koerner | Posted 08.20.2011 | Business
Robin Koerner

As the disastrous consequences of loose money, central banking and a fractional reserve system have become obvious, many citizens have discovered some...

The Insane Plainly Reign in Maine

Cynthia Dill | Posted 05.25.2011 | Politics
Cynthia Dill

Scratch the surface of Maine and the "political ideology of Islam" lurks. At least it does in the mind of the conscientious resident who recently sent state legislators a copy of Sharia Law for Non-Muslims.

Why Is Washington Dithering With Unemployment High?

Yves Smith | Posted 05.25.2011 | Business
Yves Smith

Today, the unemployment rate is kissing 10 percent. Yet, unlike 1983, there is no sense of urgency in Washington.

The Big Dollar Bustout ... Is Too Big To Fail Still an Option?

Eric Ehrmann | Posted 05.25.2011 | Business
Eric Ehrmann

With efforts to rebrand America's national identity in the electronic media falling flat like a bad online date, taking away the dollar's too big to fail status might be the better wake up call.