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What Can We Expect Next from the Bernanke Fed?

Mises Daily: Monday, October 18, 2010 by Roger W. Garrison

Bernanke's remarks were long and ponderous, Fedspeak plus excerpts from a typical intermediate-macroeconomics textbook. One thing this newest piece of Fedspeak surely won't do is give us maximum employment and price stability. read more…

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Putting Austrian Business-Cycle Theory to the Test

Mises Daily: Monday, October 18, 2010 by Robert P. Murphy

Paul Krugman is despairing of late, because a growing number of mainstream economists are adopting (versions of) Austrian business-cycle theory. The most recent convert is Minneapolis Fed president Narayana Kocherlakota. read more…

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Theories of the State

Mises Daily: Monday, October 18, 2010 by Franz Oppenheimer

Everywhere we find some warlike tribe of wild men breaking through the boundaries of some less-warlike people, settling down as nobility and founding its state. The goal is always the same: exploitation. read more…


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