Monty Pelerin's World

Some recent posts have dealt with our oppressive government. They merely point out what others have long ago. Readers of Austrian economics are familiar with these problems. Warnings began virtually [...]

The Federal Reserve is probably the least understood government agency (technically, it is not even a part of government). This intro by the Mises Institute provides background for an informative [...]

Federal Reserve President Thomas Hoenig breaks ranks and sounds like Dylan Ratigan, Gerald Celente, Ron Paul or Murray Rothbard. Mr. Hoenig has always been a bit of a renegade, yet [...]

Politics as Economic Violence The late Murray Rothbard, famous Austrian economist and libertarian, published a collection of essays under the title Making Economic Sense. One sub-section was entitled “Politics as [...]

Most people do not recognize the name Richard Cantillon. That is to be expected because most people don’t dig into detail beyond their chosen occupations or hobbies. Just mastering the complexities necessary to successfully navigate [...]

Austrian Economics continues to gain in influence despite the ruling elite’s attempts to marginalize it. The latest example was the Wall Street Journal’s recent coverage of Peter Boettke. The Daily Bell [...]

Image via Wikipedia H. L. Mencken was an American original. Gibbons Burke described him thusly: “The most prominent newspaperman, book reviewer, and political commentator of his day, Henry Louis Mencken [...]

Murray Rothbard‘s paper presents an unflattering portrait of  John Maynard Keynes. For history or econ-geeks only. Share/Save Download article as PDF

Image via Wikipedia Image via Wikipedia I posted a video on the Federal Reserve here and recommended that anyone with an interest in understanding our economic situation watch it. I [...]

Image via Wikipedia “There is no means of avoiding the final collapse of a boom brought about by credit (debt) expansion. The alternative is only whether the crisis should come [...]