Great article over at Strike the Root about Austrian economics and those damned Keynesians: Hail the Austrians, by Mark Davis
He tells a great little story about being in a calculus class with a bunch of natural sciences students and a bunch of business school students. The business school students were complaining that the economics problems were never assigned.
Continue readingUpdated Tuesday, March 9th, 2010 at 10:40 pm.
Original letter sent to the faculty of the economics department at the College of Saint Benedict / Saint John’s University in Collegeville, MN on Monday, July 13th - 11:45 am
My name is Mike Phenow. I am a 2005 graduate of Saint John’s. The nature of my correspondence to the Economics Department is a little unconventional and I thank you for your time in indulging me.
Recent developments have brought the discipline of economics to the fore of nearly everyone’s mind — layman, practitioner, and academic alike. In this regard, I am no exception. The much-watched and closely-scrutinized political events of the past few years — in which I have participated, in my own small ways — have led myself and others on an intellectual journey to discover the true causes of the economic crises — and how the vast majority of economists could have utterly failed to either foresee them or satisfactorily explain them.
Continue readingWhen Ron Paul’s bill to audit the Federal Reserve (HR 1207) began to accumulate more and more co-sponsors from both sides of the aisle, I was somewhat skeptical, thinking that most co-sponsors were merely signing on to look supportive of Washington’s nebulous notions of “accountability” and “transparency.”
Continue readingTo National Socialism (also known as Nazism), of course. The future looks bleak. We are far down the path to serfdom. This way lies misery.
“Headed to National Socialism,” by Llewellyn H. Rockwell, Jr.
From the article: “…the principles of intervention are universal. The Nazi regime represented not a unique evil in history but rather a now-conventional combination of two dangerous ideological trends: nationalism and socialism. We know both all too well.”
Continue readingThe 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 readingNot 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 readingThe Creature from Jekyll Island - A Second Look at the Federal Reserve by G Edward Griffin (1:11:11)
A speech given by G. Edward Griffin in 1994 (!) on the contents of his book of the same name. Required listening. No excuses.
Continue readingIn this statement, delivered by Ron Paul on February 13, 2008 to the United States House of Representatives, Dr. Paul proposes three actions the government should take to allow individuals to use private competing currencies:
Faithfully executing these three actions would have wonderful, seemingly miraculous effects. So many of the myriad other problems that we constantly worry about, argue about, and fight to rectify would steadily melt away.
Continue readingFor years now (has it really been years, already?) I have been trying to share with folks the principled ideas of one soft-spoken congressman from Texas. Without fail, these attempts are met with contempt, disgust, unfounded skepticism, and insult. People unfamiliar with Ron Paul, his policies, his principles, or his record were astoundingly quick to apply to him labels such as kook, unelectable, fringe, extremist, and a score of other derisive epithets.
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