Tuesday, March 18, 2008

Mises Time

For those who want to understand what is going on in the financial markets, I suggest The Theory of Money and Credit by Ludwig von Mises (1912). Mises foretold our current state, not through a Nostradamus-like prognostication, but through a book of sound theory and explication.

Mises.org has the book available for
sale and as a free download.

Or, try Murray Rothbard's
Case Against the Fed (also at Mises.org).

Other excellent books for the times are
Fooled by Randomness (Taleb) and Crap: A Guide to Politics (Arthur).

Get them now. You'll learn about our current state, and you'll be able to read them under incandescent lighting -- don't forget that the do-gooders and the bureaucrats are taking away incandescent lighting in the near future (we are sheep, aren't we?).

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