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.
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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.
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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.
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