Film-maker predicts hyperinflation; an economist disagrees. Which to believe?

Cover via Amazon On a forum I visit daily, a member had posted a link to an article describing a hyperinflation scenario in the U.S. I visited it. Later in the day, the website owner, economist and historian (and music buff) Gary North responded (members only): I am writing this in response to a site [...]

Economics books that help you tell the future

Image via Wikipedia Historian and Austrian economist Gary North writes that many people are confused by the media’s pronouncements on gold, inflation and deflation: Self-Inflicted Confusion and Paralysis: Thinking About the Economy Without Understanding Economics If called upon to outline the arguments of each position, they could not do it. They have no idea of [...]

Meltdown in Japanese – just in time for the election?

Image via Wikipedia “Meltdown”, historian Thomas Woods‘s book on the origins and causes of the present financial crisis, based on Austrian Economics Business Cycle Theory, has been translated into Japanese, and can be bought on Amazon Japan. Woods’ own summary/review can be read on the Lew Rockwell website. Just in time for the Japanese elections. [...]

More on education

Image via Wikipedia I wrote earlier about whether universities have a future, a subject I’m obviously interested in as a I work in one. After writing that entry, I came across these quotes from the Austrian economist Ludwig von Mises on the subject of education and schooling: It is often asserted that the poor man’s [...]