austrianeco.blogspot.com
Austrian Economics Explained: Fractional Reserve Banking
http://austrianeco.blogspot.com/2007/09/fractional-reserve-banking.html
The issue is always the same: the government or the market. There is no third solution. - Ludwig von Mises. Monday, September 24, 2007. In the previous article. We looked at free market banking institutions. We discussed that money. Before we discuss fractional reserve banking, it is important to understand the essence of savings and lending. The first myth to dispel is that money is wealth. Money is not wealth; real wealth. On real wealth. Therefore, the act of saving. This is true of lending as well...
austrianeco.blogspot.com
Austrian Economics Explained: Inflation - part 1/2
http://austrianeco.blogspot.com/2008/02/inflation-part-12.html
The issue is always the same: the government or the market. There is no third solution. - Ludwig von Mises. Friday, February 8, 2008. Inflation - part 1/2. Before we can understand what inflation is, it will be helpful to understand what inflation is not. Inflation is widely regarded as a general rise in prices. Economics. By Parkin and Bade defines inflation. The standard approach is to use a price index. Should one look at final consumer goods, intermediate goods, or a mixture of the two? Various secto...
austrianeco.blogspot.com
Austrian Economics Explained: References
http://austrianeco.blogspot.com/2007/09/more-info.html
The issue is always the same: the government or the market. There is no third solution. - Ludwig von Mises. Monday, September 3, 2007. To the Austrian school at mises.org. Here is a quick list of some important resources on mises.org that I have found useful in the past. A good way to see how familiar one is with the Austrian and other schools of thought. Just fyi, it is actually on the longer side. Form a great window into Austrian economics. On the Mises Institute and Austrian economics.
austrianeco.blogspot.com
Austrian Economics Explained: Broken Window Fallacy
http://austrianeco.blogspot.com/2009/03/broken-window-fallacy.html
The issue is always the same: the government or the market. There is no third solution. - Ludwig von Mises. Sunday, March 15, 2009. 8220;One of the more enduring myths in Western society,” writes Mike Moffatt. The broken window fallacy is so named for Frederic Bastiat’s parable of the broken window. Where a child having broken a window is hailed as having created economic activity by the onlookers, who all the while ignore the hidden. But was Katrina really beneficial? It is seen, and definitely true, th...
austrianeco.blogspot.com
Austrian Economics Explained: Update
http://austrianeco.blogspot.com/2008/02/update.html
The issue is always the same: the government or the market. There is no third solution. - Ludwig von Mises. Tuesday, February 26, 2008. As much as I would like to update this blog weekly with articles on Austrian Economics, it is turning out to be harder than I expected. I simply do not have time as I am currently job hunting. Also, my interest is more focused towards financial markets than economics per se. As such, I have started a new blog ( macrothoughts.blogspot.com. View my complete profile.
austrianeco.blogspot.com
Austrian Economics Explained: Interest
http://austrianeco.blogspot.com/2008/03/interest.html
The issue is always the same: the government or the market. There is no third solution. - Ludwig von Mises. Wednesday, March 19, 2008. In our previous discussion on the nature of savings and lending. Mises' Theory of Money and Credit. Or Bohm-Bawerk's Capital and Interest. Dimensional Analysis of Interest Rates. When posed the question "what is interest? One common response is that it is the price of money. This is not true. The price of money, like any other good, is the amount of something else...The p...
austrianeco.blogspot.com
Austrian Economics Explained: March 2008
http://austrianeco.blogspot.com/2008_03_01_archive.html
The issue is always the same: the government or the market. There is no third solution. - Ludwig von Mises. Wednesday, March 19, 2008. In our previous discussion on the nature of savings and lending. Mises' Theory of Money and Credit. Or Bohm-Bawerk's Capital and Interest. Dimensional Analysis of Interest Rates. When posed the question "what is interest? One common response is that it is the price of money. This is not true. The price of money, like any other good, is the amount of something else...The p...
austrianeco.blogspot.com
Austrian Economics Explained: February 2008
http://austrianeco.blogspot.com/2008_02_01_archive.html
The issue is always the same: the government or the market. There is no third solution. - Ludwig von Mises. Tuesday, February 26, 2008. As much as I would like to update this blog weekly with articles on Austrian Economics, it is turning out to be harder than I expected. I simply do not have time as I am currently job hunting. Also, my interest is more focused towards financial markets than economics per se. As such, I have started a new blog ( macrothoughts.blogspot.com. Friday, February 15, 2008. To ra...
austrianeco.blogspot.com
Austrian Economics Explained: Money
http://austrianeco.blogspot.com/2007/09/introduction-to-money.html
The issue is always the same: the government or the market. There is no third solution. - Ludwig von Mises. Wednesday, September 5, 2007. To understand what money is and how it evolved, we need to look at the role it plays in the market economy. Without money, we would be living in what is called a barter economy. A barter economy is characterized by direct exchange. Intuitively, it should be apparent that it would be much easier. What about Davis the shoemaker? Presumably he would have an easier time th...
