Showing posts with label inflation. Show all posts
Showing posts with label inflation. Show all posts

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?).