“Gloom, Doom, and Optimism” by Mike Scully
An interesting irony: many of the most bearish economic forecasters describe themselves as optimists in their day-to-day lives. The fact that optimists are so pessimistic about the economy should cause you to take notice and ask if maybe there is something to all this gloom and doom after all.
“The Austrian Theory of Money” by Murray N. Rothbard
Mises’s fundamental accomplishment was to take the theory of marginal utility and apply it to the demand for and the value, or the price, of money.
Source link: http://archive.mises.org/20218/mises-daily-tuesday-january-03-2012/
Mises Daily: Tuesday, January 03, 2012
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