Archive for Economics
Vote for the Most Astounding Statement I Heard This Week
Once again, it’s time for one of the more popular features on Free Advice, where you the reader get to vote on The Most Astounding Statement I Heard This Week. Our first contestant is documentary maker Ken Burns, who said the following in a Reason interview with libertarian bad boy Nick Gillespie: [M]y politics are […]
Read moreI Like This Guy’s Enthusiasm
…though I’m not sure those are the three takeaways I would have attributed to our book. (Plus I would have given myself 5 stars.)
Read moreDon’t You Dare Show Scott Sumner This Rothbard Excerpt
I’m working on tomorrow’s lecture from Chapter 11 of Man, Economy, and State, and came across this passage on page 849: It is thus clear that the exchange-value of money cannot be quantitatively separated from the exchange-value of goods. Since the general exchange-value, or PPM, of money cannot be quantitatively defined and isolated in any […]
Read moreAn Interesting Zinger From Tom Woods
I’m sure this is partly confirmation bias, and that the regulators amongst us will hasten to point out the flaw in the argument. But anyway I really liked this zinger from Tom Woods (HT2 Robert Wenzel): The Glass-Steagall-did-it crowd is the same crowd that likes to claim Canada avoided the worst of the U.S. crisis […]
Read moreIf We Give Up Our Cool, Then the Inflationists Will Have Already Won
UPDATE: Sorry, I forgot to include the money (ha ha) quote, to explain the purpose of Scott’s post. Scott Sumner thinks he can play me like a game of classic Donkey Kong: Some days I want to just shoot myself, like when I read the one millionth comment that easy money will hurt consumers by […]
Read moreAn Economist With a Cool Accent Explains Quantitative Easing
The bored von Pepe sends this one:
Read moreSpreading the Love: Wenzel and Gordon Edition
I loved the first Cars movie because I could really identify with Lightning McQueen’s narcissism. In an effort to combat that, let me point you to two other people’s ventures to spread the word on the dangers of the State: ==> Robert Wenzel’s first podcast is up. He’s got a funky beat and a professional […]
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