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Monthly Archives: March 2012
Fuel chaos in UK
We had a taste of the chaos that is to come, here in the UK, yesterday, as fuel filling stations all over the country were deluged by vehicles seeking fuel. I was almost in a motor vehicle accident myself, as … Continue reading
Eugene Richter: Pictures of a Socialistic Future
If someone gave me a gold sovereign for every time in my life I had heard a variation on the following phrase, then in the words of Private James Frazer, from Dad’s Army, I would now be an extremely wealthy … Continue reading
Posted in Austrian Economics
Tagged Eugene Richter, Pictures of a Socialistic Future
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Jesús Huerta de Soto: Socialism, Economic Calculation and Entrepreneurship
There are three books that take pride of place in my Austrian bookcase. These are Socialism, by Ludwig von Mises; The History of Intellectual Thought, by Murray N. Rothbard; and Democracy the God that Failed, by Hans-Hermann Hoppe. In my … Continue reading
Posted in Austrian Economics
Tagged Economic Calculation, Entrepreneurship, Jesús Huerta de Soto, Socialism
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Jörg Guido Hülsmann: The Ethics of Money Production
In these times when even the president of the World Bank can be caught whispering about a return to some form of gold standard, it becomes necessary for us to examine whether we can trust a nascent world government to provide … Continue reading
Posted in Austrian Economics
Tagged Jörg Guido Hülsmann, The Ethics of Money Production
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Philipp Bagus: The Tragedy of the Euro
The world centre of gravity of the Austrian Economics movement has long been the United States, especially since Ludwig von Mises arrived there on August the 3rd, at the age of fifty-eight, in a turbulent 1940. The 1998 Spanish publication … Continue reading
Philipp Bagus and David Howden: Deep Freeze: Iceland’s Economic Collapse
If you believe in a Creator, then you must acknowledge that He (or She) possesses an incredible sense of humour. Without this, how do you explain Iceland? God must have smashed innumerable comets into the Earth to provide it with … Continue reading
Thomas E. Woods: Rollback: Repealing Big Government Before the Coming Fiscal Collapse
When the bestriding Colossus of Murray N. Rothbard departed this mortal coil, he left the rest of us with the hallowed gift of his thoughts, his books, and his ideas, as well as an occasional secret desire to wear bow … Continue reading
Bank of England QE pushes family fill-up cost to over £100
With more tax rises and commodity price inflation to come, fuelled by the UK government’s inability to rein in its spending and their funding of their own deficits via extensive money printing, it’s all starting to go to cock in … Continue reading
Eamonn Butler: Austrian Economics – A Primer
While the world awaits the glorious ‘Reality Economics’, which may take some time to appear, there’s an interesting primer on Austrian economics written by Dr Eamonn Butler, of the Adam Smith Institute. You can buy a copy here, and you … Continue reading
Smoking Nazis turn their attention to alcohol
Having been successful in creating massive black markets in tobacoo smuggling and increasing the ‘coolness’ of smoking in young people, the former smoking Nazis are now about to begin their assault upon alcohol, so that I now cannot go to … Continue reading
