Nov 112009
To realize how insignificant our economic crisis is and we are also, watch this video.
[youtube]http://www.youtube.com/watch?v=oAVjF_7ensg[/youtube]
Monty Pelerin's World
Economics, Finance and Politics Through The Prism of Classical Liberalism
Favorite Quotes
- Credit expansion can bring about a temporary boom. But such a fictitious prosperity must end in a general depression of trade, a slump. Ludwig von Mises
- If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action. Ludwig von Mises
- It's almost worth the Great Depression to learn how little our big men know. Will Rogers
- If we do not believe in freedom of speech for those we despise we do not believe in it at all. Noam Chomsky
- Keynesianism has conquered the hearts and minds of politicians and ordinary people alike because it provides a theoretical justification for irresponsible behaviour. Louis Zingales
- If it were really possible to substitute credit expansion (cheap money) for the accumulation of capital goods by saving, there would not be any poverty in the world. Ludwig von Mises
Recent Tweets
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I’m From The Federal Reserve and I Will Improve Your Life, read it here: http://t.co/qgeTD9kT 5 hours ago
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Another Reason Why The Economy Will Not Recover, read it here: http://t.co/Fd3P0z19 1 day ago
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The Universal Truth About Government Regardless of Its Form, Time or Place, read it here: http://t.co/I8JQIEAT 1 day ago
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The law school bubble – At 50 law schools, 20% of the students are either unemployed, flunked out, or are http://t.co/bX397BCW via @addthis 1 day ago
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What The First Few Minutes of World War III Will Look Like *Micro-Flim* http://t.co/P6vDfu5Z via @addthis 1 day ago
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The 10th Amendment Nullification Movement by Michael Boldin http://t.co/yw60giDy via @addthis 1 day ago
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The American Spectator : Caesar Overreaching Once Again http://t.co/R7Pc4auA via @addthis 1 day ago
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Warmal Colding strikes Europe:kills hundreds; thousands trapped by "heaviest snow... ever recorded" http://t.co/EiJazYrJ via @directorblue 2 days ago
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Europe's shadow darkens outlook http://t.co/fPtxnRSt via @reuters 2 days ago
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Fatal Conceit Leads to Fatal Government, read it here: http://t.co/xps27Vwv 2 days ago
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- I’m From The Federal Reserve and I Will Improve Your Life
- Another Reason Why The Economy Will Not Recover
- The Universal Truth About Government Regardless of Its Form, Time or Place
- Fatal Conceit Leads to Fatal Government
- Twenty Reasons Why Europe is in Deep Doo-doo
- Educated Beyond Our Economy’s Ability To Create Jobs or Education Dragging Our Economy Down?
- Many of Us Will Never See “Happy Days Are Here Again” Again
- The Future of The Country on Display
- Spinning Out of Control
- Leviathan Has Only Gained Size and Strength
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