Monthly Archives: April 2012

Understanding the True Nature of Inflation : Legal Tender Laws

Posted on April 28, 2012 by 猛虎

Jörg Guido Hülsmann, The Ethics of Money Production Chapter 9 : Legal Monopolies 1. Economic Monopolies Versus Legal Monopolies For example, the legal monopoly might provide that only silver may be used as money, or that only the bank X … Continue reading →

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No Evidence for Keynesian Stimulus : the Theory and the Reality

Posted on April 23, 2012 by 猛虎

Although the stagflation of the 1970s has severely, if not entirely, discredited Keynesian theories, politicians persist in adopting these costly keynesian policies in order to stimulate economic activity, by stimulating demand, and by the same account investment, through an increase … Continue reading →

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Brain size, IQ, and racial-group differences: Evidence from musculoskeletal traits

Posted on April 20, 2012 by 猛虎

Brain size, IQ, and racial-group differences: Evidence from musculoskeletal traits J. Philippe Rushton, Elizabeth W. Rushton, 2003. Abstract A review of the world literature on brain size and IQ by Rushton [Rushton, J. P. (1995). Race, evolution, and behavior: a … Continue reading →

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No Correlation : What If Keynesian Stimulus Did Not Work ?

Posted on April 19, 2012 by 猛虎

A myriad of factors can affect economic growth. The measures and analyses of the effectiveness of keynesian stimulus need to control for all factors that affect economic growth, which is extremely difficult to perform. Therefore, economic growth following the growth … Continue reading →

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Truth About Free Banking in Chile : Selgin versus Rothbard

Posted on April 18, 2012 by 猛虎

Rothbard, M. N. (1989). The Other Side of the Coin: Free Banking in Chile. Austrian Economics Newsletter (Winter), 1-4. The Law of 1860 created a free bankers’ paradise in Chile. Anyone or any group could set up a bank and … Continue reading →

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Urban Law 101 – What I Didn’t Learn in Law School: Adventures with black clients

Posted on April 14, 2012 by 猛虎

Urban Law 101 – What I Didn’t Learn in Law School: Adventures with black clients (Donald Williamson) [PDF] I grew up in a suburb of a large northern city, and had no real contact with blacks until I became a lawyer. … Continue reading →

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