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Rap video and succinct explanation of Austrian Business Cycle Theory

No doubt I may well be the thousand and umpteenth person to blog this, though I thought I may as well do my bit to help spread this noteworthy video:

\”Fear the Boom and Bust\” a Hayek vs. Keynes Rap Anthem

Aside from the inaccurate portrayal of both men’s personalities (I think Hayek was much more of [...]

If I were President….

If I were President, I’d have one simple rule: absolutely no bail outs.

The bails outs that have saved the insolvent banks in the US have created such great problems and have served only to expand the reach of government. It is so predictable that the government cannot just bail out “systemically important” institutions smoothly; there [...]