Monthly Archives: February 2012

Empirical Evidence for Free Banking

Posted on February 21, 2012 by 猛虎

Opponents of the fractional reserve free banking usually wonder why free banking systems no long exist today. A widely spread belief is that central banks have been established because free banking has failed to work. Central bank is not the … Continue reading →

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Sraffa and Hayek on Multiple Interest Rates

Posted on February 19, 2012 by 猛虎

There is something wrong with anti-austrians’ view on the multiple interest rates. I want to clarify this point. Dr. Hayek on Money and Capital – by Sraffa If money did not exist, and loans were made in terms of all … Continue reading →

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In Praise of Homogeneity

Posted on February 2, 2012 by 猛虎

In Praise of Homogeneity – The Japanese know how to run a country – [pdf] Author, Jared Taylor. I have just returned from several weeks in Japan, and am again struck by the forceful example that country offers of the advantages … Continue reading →

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