Demolishing the “Fight Deflation” Dogma
A classic passage from Jorg Hulsmann’s ‘The Ethics of Money Production’
View post to subscribe to site newsletter.
A classic passage from Jorg Hulsmann’s ‘The Ethics of Money Production’
View post to subscribe to site newsletter.
A widespread fallacy in modern economics is the belief that economic growth requires an increase of the money supply.
Understanding these stages will alone make you more intelligent than 99% of politicians and economics professors
A fall in prices is in fact equivalent to a marked improvement in the standard of living.
Typically, huge corporations are creatures of marketlessness. Their enormous size is an indication that they benefit from artificial barriers to entry, and that other firms are prevented from competing with them..
The law in its true meaning is not supposed to “enforce charity”. The use of the law to steal from others destabilises society.