Financial Markets
Productive Debt versus Unproductive Debt
Washington should be lowering taxes and the costs of hiring employees, especially in industries that produce capital and wealth.
Credit
When a merchant borrows 20,000 francs to purchase a house, it is not the 20,000 francs which he owes, but the house. Money only appears for the sake of facilitating the arrangements between the parties."
Can Asset-Price Bubbles Be Harmless?
"So it is quite likely that in a free-market economy the threat of bankruptcy will bring to a minimum the practice of fractional-reserve banking."
A Pro-Free-Market Program for Economic Recovery
Finally, the freedom of wage rates and prices to fall must be established through the repeal of pro-union and minimum-wage legislation, and more fundamentally, the education of the public concerning the errors of the Marxian exploitation theory and their replacement with actual knowledge of what determines wages and the general standard of living.
Are Business Schools to Blame?
Recorded at the Mises Circle in Newport Beach, California, on November 14th, 2009. Sponsored by Louis E.
Five Best Books on the Current Crisis
Recorded at the Mises Circle in Newport Beach, California, on November 14th, 2009. Sponsored by Louis E. Carabini.
How the Fed is Retarding Recovery
Recorded at the Mises Circle in Newport Beach, California, on November 14th, 2009. Sponsored by Louis E. Carabini.
A Free-Market Operative in the Bowels of Bureaucracy
Eventually, every aspect of productive life will be so controlled that capitalist drive and ingenuity will become relics of the past.
Should We Believe the GDP?
Unfortunately, central bankers and central planners believe these statistics have relevance, justifying their interference with businesses and making us all poorer in the process — no matter what the numbers are.