Posts Tagged ‘ Austrian economics ’

Why Is the Stock Market Crashing?

Aug 8th, 2011 | By | Category: Economics, Featured, Macro Economics
Investors the world over are still reeling from last Thursday's massive plunge in the US equity markets, in which the major indices all gave up more than 4 percent. It was the worst day for the US stock market since December 2008. [And today's markets are down over 4% again.--Ed.] None ...read more

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Posted in Economics, Featured, Macro Economics | 1 Comment »


Books to Rid the Soul of Socialism

Nov 17th, 2010 | By | Category: Economics, Featured
There are three books that take pride of place in my Austrian bookcase. These are Socialism by Ludwig von Mises; The History of Intellectual Thought by Murray N. Rothbard; and Democracy: The God That Failed by Hans-Hermann Hoppe. In my own mind these books glow when I look at them, ...read more

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Posted in Economics, Featured | 8 comments


Fannie, Freddie, Fraud

Jan 14th, 2010 | By | Category: Featured, Macro Economics, Technology
Last week, new research from Edward Pinto, a former chief credit officer for Fannie Mae and a housing expert, began to penetrate the media fog. Pinto has documented that as far back as 1993, Fannie and Freddie were buying risky subprime and Alt-A loans, but routinely misrepresenting them as prime. Let ...read more

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Posted in Featured, Macro Economics, Technology | 11 comments


Here Come the Commies: Marxism Goes on the Attack

Feb 26th, 2009 | By | Category: Featured, Macro Economics
A quote that’s often ascribed to Karl Marx has been popping up a lot lately: "Owners of capital will stimulate the working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt ...read more

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Posted in Featured, Macro Economics | 16 comments