Showing posts with label human action. Show all posts
Showing posts with label human action. Show all posts
Wednesday, April 27, 2016

Ludwig von Mises: The Impossiblity of Economic Calculation Under Socialism

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Excerpted from the great Austrian Economist Ludwig von Mises' magnum opus Human Action (source: Econolib ) [bold added] The paradox ...
Saturday, November 01, 2014

Quote of the Day: Differentiating Principle from Opinion

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While it’s true that everyone perceives reality differently, reality could care less about our perceptions. Reality does not change to ada...
Tuesday, February 04, 2014

Bitcoin depends on human valuation and volition

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At the Mises Blog Austrian economist Joseph Salerno brings about a very important insight on Bitcoin (bold mine) Whether or not Bitcoin...
Wednesday, November 20, 2013

Video: Google Search: The Reunion (What GDP can't capture)

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Hat tip Cafe's Hayek's Russ Roberts ; Source Google India
Thursday, September 05, 2013

Economic Forecasting: The Mainstream’s Horrible Track Record

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Aside from the agency problem , here is another reason why economic and market predictions or forecasts by mainstream "experts" s...
Wednesday, July 10, 2013

Quote of the Day: On the Denial of Economics: Reality is not Optiional

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Economics has the same ontological status as physics --- reality is not optional --- but the "laws" of economics are derived fol...
Tuesday, June 04, 2013

How Financial Experts Bamboozle the Public

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Money pros had been taken to the woodshed according to the Global Association of Risk Professionals . (hat tip EPJ) [bold mine] American...
Monday, April 22, 2013

Booming Phisix-ASEAN Equities Amidst More Signs of Global Distribution

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I talked about swelling signs of distribution before my dsl connection cut me off. In spite of this week’s majestic breakaway run by th...
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Saturday, April 06, 2013

Video: Some People's Amazing Feat

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A short video on incredible acts that some people can do. (hat tip AEI's Mark Perry)
Saturday, March 30, 2013

Video: Gary North on the World's Transition to the Modern Economy

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Via BBC's Hans Rosling , I have previously posted a video showing the modern economy's dramatic growth transformation which begun ...
1 comment:
Saturday, March 09, 2013

Quote of the Day: Differentiating Reality from Perception of Reality: Principle versus Opinion

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While it’s true that everyone perceives reality differently, reality could care less about our perceptions.  Reality does not change to ad...
Wednesday, February 20, 2013

Quote of the Day: The Ethics of Minimum Wage

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The biggest problem I have with the standard analysis of the minimum wage–on either side of the ideological divide–is that it shows a cert...
Monday, January 28, 2013

Global Financial Market Boom: Will This Time Be Different?

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Global stock markets continue to sizzle. The US stock markets, which accounts for as the largest in the world based on market capitaliz...
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