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| Frederic Bastiat |
Two Systems of Morals |
I imagine I hear the reader say, "Well, now, was I wrong in accusing political economists of being dry and cold? What a picture of humanity! Spoliation is a fatal power, almost normal, assuming every form, practiced under every pretext, against law and according to law, abusing the most sacred things, alternately playing upon the feebleness and the credulity of the masses, and ever growing by what it feeds on. Could a more mournful picture of the world be imagined than this?"
The problem is, notWednesday, October 31, 2012 |
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| Jean Baptiste Say |
Letters to Mr. Malthus |
J.B. Say battled the prophet of doom in this rare series of letters that explain how economic growth occurs without destabilizing economic forces. He writes with passion and personality, anticipating so many Austrian insights. An extra treat in this book is Say's attempt to write a Catechism of Political Economy, which is a kind of tutorial organized in a Q&A format to deal with the main claims of economics.This book was an important tool in forging the classical tradition as it was understood oTuesday, April 22, 2008 |
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| Jean Baptiste Say |
A Treatise on Political Economy |
Jean-Baptiste Say (1767-1832) has been described as a revolutionary, an author of scholarly books and popular tracts, a social philosopher, a successful entrepreneur and a remarkable Renaissance man.Above all, however, he was a great economist. He might best be described as a proto-Austro-Misesian, the author of the law of markets, known as Say's law, and as the first to coin the term "entrepreneur." Say's concern with the average interested citizen and his zeal for economic education for the maTuesday, April 22, 2008 |
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| Robert Blumen - 24hgold |
The Financial Apocalyptics Are Back |
Wednesday, July 25, 2007 |
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| How did it happen ? - Lew Rockwell |
What Economics Is Not |
Sunday, February 12, 2006 |
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| Robert Blumen |
Tastes Great! Less Filling |
"The fundamental error of our financial policy lies in the attempt to create wealth by creating currency: it is putting the servant before the master — the wrong power, in advance. We can create wealth only by producing commodities." The frequency with which monetary crank schemes are proposed indicates that this great truth written by Charles Holt Carroll (148) in 1859 has not yet been learned.
Case in point is Nelson Hultberg and Antal Fekete’s call for a revival of the Real Bills Doctrine (RMonday, July 18, 2005 |
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