George Reisman's Blog on Economics, Politics, Society, and Culture

This blog is a commentary on contemporary business, politics, economics, society, and culture, based on the values of Reason, Rational Self-Interest, and Laissez-Faire Capitalism. Its intellectual foundations are Ayn Rand's philosophy of Objectivism and the theory of the Austrian and British Classical schools of economics as expressed in the writings of Mises, Böhm-Bawerk, Menger, Ricardo, Smith, James and John Stuart Mill, Bastiat, and Hazlitt, and in my own writings.

Showing posts with label Minimum Wage Law. Show all posts
Showing posts with label Minimum Wage Law. Show all posts
Sunday, March 29, 2009

The Fundamental Obstacles to Economic Recovery: Marxism and Keynesianism

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In a previous article , I explained how falling prices, far from being deflation, are actually the antidote to deflation. They are the antid...
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