March 2007
You are browsing the archive for March 2007.
Compulsion – not necessary even in disputes
We have assumed that there is only one way to solve disputes: commission a government monopoly over all people in case they might have some issues between each other. However, this assumption is not the only way to live – actually we have real life examples around us every day. Not convinced yet? Read Market [...]
The source of prosperity
The wealth of any nation is dependent upon its people’s capabilities and resources to invest into new production. Some 50 years ago Ludwig von Mises gave this speech that is maybe even more valid today (and not just to Americans): Capital Supply And American Prosperity.
Hyper-and 'regular' inflation
The root cause of inflation is very simple: the central bank produces money out of thin air. A case in point: Fed’s Inflation Analysis Ranks With Zimbabwe’s: Caroline Baum
The Gold-Plated Sting
Why don’t we use gold as money anymore? The Gold-Plated Sting by Gary North.