Thursday, December 4, 2008

onmouseover="return window.status='http://www.mises.org/story/3222'" onmouseout="window.status=''" href="http://www.mises.org/story/3222">The Economics of Destutt de Tracy

The Economics of Destutt de Tracy
Antoine Louis Claude Destutt de Tracy (17541836), a French philosopher and economist, is worthy of attention as a contributor to French liberal thought in the tradition of Condillac.

Some weeks ago, in an editorial about the financial crisis in the main section of this paper, a writer commented
approvingly that: "Our currencies are no longer tied to gold, which means central banks can act to mitigate monetary deflation and interrupt the deadly feedback loop of mounting defaults, declining real wages and prices and increasingly onerous dollar-denominated debt. ...

Top Scoops
Here in America we are descended in spirit from revolutionists and rebels - men and women who dare to dissent from accepted doctrine - GOP President Dwight Eisenhower, 1954

Academia's War Against Free Market Money
In a confrontational and much-needed LewRockwell.com article , Prof. William Anderson launched a counter-attack against mainstream academic economists' refusal to consider seriously the Austrian School's theory of money.

Westpac joins rate cut war
WESTPAC has cut its home loan rates by 65 basis points, after the Reserve Bank yesterday cut the official interest rate by 0.75 percentage points to 5.25 per cent.

Debt Clock Runs on Borrowed Time
John Stepek of MoneyWeek magazine says, "Federal Reserve chief Ben Bernanke has studied the Depression, they say. He knows what to do." Feeling particularly feisty, I immediately felt the need to burst in with a rude remark ("Hahahaha!

Monetary Reform: Gold and Bills Of Exchange
Free source for precious metals information and financial truth. Offering a range of information such as latest news from around the world, commentary, market updates, stock reports, coin information, quotes, forums plus much more!

Book World Live: Niall Ferguson, Author of 'The Ascent of Money'
In today's rocky financial climate, it is vital to understand how the global economy came to be. Harvard Business School professor Niall Ferguson was online Tuesday, November 25 at 10 a.m. ET to discuss his new book, The Ascent of Money: A Financial History of the World, which explains the role of economics throughout all of human history and progress.

Only drastic action now will save us, says Gordon Brown
Britain would face an even more severe recession without the multi-billion-pound tax cut and spending package that will be unveiled on Monday, Gordon Brown said yesterday.

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