Tuesday, July 23, 2013

Invitation to an Anti-Keynes Project

March 13, 2010 by · Leave a Comment 

By Gary North, GoldSeek On March 11, I spoke at the annual Austrian Scholars Conference, sponsored by the Ludwig von Mises Institute. It was gratifying to see so many attendees that they could not fit into one room. The Mises Institute is a high-tech outfit. They set up a video camera, and the speech appeared [...]

Popular Misconceptions

October 20, 2009 by · Leave a Comment 

By Steve Saville, GoldSeek The “Paradox of Thrift” The “circular flow of income” theory favoured by Keynes and his disciples holds that one man’s spending is another’s income, the implication being that if consumer spending is boosted then economy-wide income will be boosted and the overall economy will strengthen. It follows from this theory that [...]

Thank the Fed For Your Lack of Purchasing Power

September 23, 2009 by · Leave a Comment 

By The Mogambo Guru In case you were wondering, there is no way to stop spending a debt-based currency once you start, which handily explains why Doug Noland, in his Credit Bubble Bulletin, asks “what about an exit strategy? Well, I see a ‘No Exit’ sign. These distortions have been going on for too many [...]