Tag Archives: ludwig von mises
17 + 30 = 47
I bought silver at $17 bucks, and it rose to $30 an ounce. I bought some more silver at $30, and now it’s risen $17. I think it’s still a pretty strong bet that it’ll be higher five or ten years from now, so I’m not selling. Thank you, Ludwig von Mises and Ben Bernanke: [...]
Jim Quinn on the mother of all bubbles
Money, we’ve been told, is the root of all evil. Leaving behind the various shades of meaning that may or may not be present in that pithy saying, let’s look at the financial markets, where easily available money generated hand over fist is the root of all sorts of evils (or, if we want be [...]
Posted in economics Also tagged austrian theory of the trade cycle, ben bernanke, central banking, credit expansion, easy credit, federal reserve, fiat currency, hard money, housing bubble, human action (book), hyperinflation, inflation, jim quinn, late-2000's recession, the bastard child of the mother of all bubbles, zimbabwe Leave a comment
i’ve finished human action
And it is absolutely great: the finest work of economic thinking I’ve ever read. It embraces the whole scope of economics. Although I dislike the concept of compulsory high school education, if we are to have it we’d be better served by a year-long dissection of Human Action than we would by the existence of [...]
conservatism and liberalism in politics and biblical studies
Labels are, on the one hand, the only technique available for quickly identifying the nature of the contents of something, whether canned food, a neighborhood, or a worldview. Their strength, which is their ability to ignore a great number of details and summarize a complex phenomenon in a single word or phrase, is also their [...]
Posted in politics, religion Also tagged classical liberalism, conservative, james mcgrath, liberal, political terminology Leave a comment
Was creationism recently invented?
Christianity always has been and always must be influenced to some extent by traditionalism–the goal of preserving the traditions handed down from the past. Even if the excessive traditionalism which attaches far too much significance to human development is drastically cut back and the Bible is (as it rightly should be) considered the final standard [...]
Posted in passage interpretation Also tagged bible, calvin, christianity, creation, creationism, human action, irenaus, jason of pastoral musings, josephus, oec, old earth creationism, tradition, yec, young earth creationism 4 Comments
what is mitchell reading today?
I’m so glad you asked. It’s this. It’s the great Ludwig von Mises’ Human Action. I wonder if the lyrics of the rap below are a reference to this: Your simple equation, too much aggregation ignores human action, and motivation . . . Related Posts:Three Events of 1973 Which Define Our World TodayLife in a [...]
Posted in economics Also tagged f a hayek, human action, john maynard keynes, rap anthem Leave a comment
Three Events of 1973 Which Define Our World Today