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 leverage. Show all posts
Showing posts with label leverage. Show all posts
Saturday, March 22, 2008

Our Financial House of Cards and How to Start Replacing It With Solid Gold

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A credit crisis has been spreading through the economic system. [1] It began with the collapse of the housing bubble, which was the result ...
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