Jul
2
2009
by Mike Phenow
The Origin and Nature of Money by Hans-Hermann Hoppe (38:16)
The Origin and Nature of Banking by Hans-Hermann Hoppe (42:41)
A pair of speeches given by Hans-Hermann Hoppe about how money and banking came to be. He does a great job of explaining this in an understandable way. After listening to this, you might have a hard time looking at your paper tickets the same way again. You might also come to realize just how much you’re getting ripped off.
Continue reading
no comments | tags: Austrian economics, banking, economics, government, liberty, money | posted in economics, government, liberty
Jul
1
2009
by Mike Phenow
Hyperinflation Nation
Not terribly well done, but a pretty good, short (30-minute) documentary that explains some of the basics and includes a nice collection of clips of some of the champions of economic truth.
Continue reading
no comments | tags: Austrian economics, economics, government, liberty, Peter Schiff, Ron Paul | posted in Ron Paul, economics, government, liberty
Jan
28
2009
by Mike Phenow
Nothing but more false hope and economic illiteracy:
http://mises.org/story/3309
“Perhaps the most disturbing part of this discussion is the failure of so many people to recognize the illusory nature of the Obama tax cuts, which would reduce the immediate tax burden for some Americans by increasing the federal deficit. A switch from tax-financed spending to deficit-financed spending does little to change the existing division of resources between the private and public sector.”
It is complete nonsense to think that you can create value by either 1) taking from some people to give to others or 2) by decreeing value into existence.
Continue reading
no comments | tags: Austrian economics, economics, fiat money, government, markets, Obama, politics, stimulus, subsidies | posted in economics, politics