Posted on Mises Daily by Doug French | Posted on 3/26/2009 12:00:00 AM New president Barack Obama’s $3.55 trillion budget serves notice that if you thought government couldn’t get any bigger or more intrusive, think again. The budget “represents real and dramatic change,” according to the President. But really the Obama plan is just more [...]
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“The Bailout Reader” – Everything You Wanted to Know About The Current Economic Disaster.
The events taking place in the financial market offer an illustration of the soundness of the Austrian theory of money, banking, and credit cycles, and Mises.org, which has long warned of precisely the scenario playing itself out today, is your source not only for analysis of these events but also the economic theory that helps [...]
Posted in Economics 101 Also tagged and Credit Cycles, Austrian Theory of Money, Bailout Reader, Banking, Economic Crisis, Sound Money and Banking Leave a comment
