Monty Pelerin's World

Mark W. Hendrickson wrote a piece on Keynesian Economics in American Thinker today. It is an excellent read for fans or opponents of Keynes. Even better for those who want [...]

Image via Wikipedia Image via Wikipedia Milton Friedman on Socialized Medicine. From a talk given at the Mayo Clinic in 1978. Although over 30 years old and focused on the [...]

I meant to get this up for Martin Luther King day but was not able to obtain permission from the author in time. Still worth listening to:  mlk-1 The site [...]

The strains on the International monetary system are increasing. This system was never sustainable. It replaced a system that had broken down. And that system had replaced another phony international [...]

Elizabeth Warren is currently the Chairwoman of the Congressional Oversight Panel and Professor of Law at Harvard. She has an excellent article on Huffington Post regarding the possibility that America [...]

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

Yesterday I posted an analysis of Dr. Alan Blinder‘s  job creation proposal on American Thinker and then updated and reposted it here. As someone relatively new to “blogging,” I am [...]

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 [...]

Image by m.a.r.k via Flickr Econ 301 are for Economics geeks only. The following post appeared on the website Taking Hayek Seriously. It deals with the sub-set of economics known [...]

In a Financial Times piece, Edmund Phelps, Nobel laureate in Economics in 2006 states: The gravest error of the phony debate between two non-starters is that their superficial and mechanical [...]

Image via Wikipedia Image via Wikipedia “Economics and politics confront the same fundamental problem: What everyone wants adds up to more than there is. Market economies deal with this problem [...]

Dilbert agains shows that he has more forecasting ability than most Nobel laureate economists: Share/Save Download article as PDF