Recent content by NightOwl

He said he was discussing this material in a forthcoming book, but not that the whole book was about this.

Can he give you a few examples of business cycles that were caused by gold mining? Because I can think of plenty that were caused by paper money inflation. The gold supply increases very slowly; I have no idea where he is getting the idea of wild fluctuations. And comparing the volatility of...

This is great, but I have never heard it explained how Ohio or any other state could prevent the federal government from penalizing someone for not purchasing health insurance. Can't the IRS just penalize the individual? How could a state prevent that?

Steve Forbes was positively robotic on SNL, but somehow that made him all the funnier.

Just curious: what do you think would happen? You think we'd wind up with a government of unlimited powers, that does whatever it wants without constitutional constraint, that has general legislative power, in which the executive branch can just lock people up and can take us to war, in which a...

Not true, actually. Amazon says they're 256 pages, but not one of those books is 256 pages long (check for yourself). 256 seems to be a default number that publishers put out.

Also, this more advanced lecture by Herbener is very persuasive. Herbener was trained in a mainstream program and taught mainstream econ for years before deciding the whole apparatus was seriously flawed. He then became an Austrian. http://media.mises.org/mp3/MU2009/MU2009_Herbener_07-29-2009.mp3

You should listen to this lecture by Jeffrey Herbener of Grove City College. It's introductory, but it shows that the Austrian position on indifference curves is by no means unreasonable. To the contrary, the curves themselves are unreasonable (where is money on the curves? Money isn't...

I don't think any of the Ron/Ronald Paul Facebook accounts even claim to be the real Ron Paul.

Listen to George Selgin's talk from the Mises Institute's recent event "The Birth and Death of the Fed." His evidence is overwhelming. Best presentation I've come across.

From a strategic point of view, why should building codes be anywhere in the first 10,000 things we'd want to repeal anyway? There are a zillion other things more damaging to life, property, and liberty. Focus on those. Once you get people on board for those, they'll be informed enough to...

The other guy is right, though; you have to put the name in quotation marks for the result to be meaningful. Otherwise you're getting every mention of Thomas and every mention of Woods.

This article on the Depression of 1920 explains what is meant by the "unchanged resource base": The "tug-of-war" discussion is the key point.

Joe Salerno has already given an introductory course on Austrian economics, so I think your wish is already fulfilled. The order of the lectures and recommended reading are here.

http://www.lewrockwell.com/blog/lewrw/archives/49805.html February 6, 2010 States Can’t Nullify, Because I Said So Posted by Thomas Woods on February 6, 2010 07:04 PM Funny to watch the establishment’s reaction to the reappearance of the idea of state nullification of unconstitutional federal...