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Tag: Austrian School

The Permanent Portfolio Investment Strategy

The Permanent Portfolio Investment Strategy

Normally if someone were to come to me and use words like fail-safe and investing in the same sentence I’d run the other way. When it comes to the economy and investing there is no such thing as a sure thing. Well, the only real sure thing is that government will try to meddle. But […]

Joint Efforts and Group Efforts

Joint Efforts and Group Efforts

Man was not meant to live in isolation. It is not good that the man should be alone, says The Lord. (Genesis 2:18) Though it’s also true that men are supposed to take responsibility for their own affairs, and many men are quite capable, another truth is that no man is truly self-sufficient. Take something […]

One Lesson

One Lesson

If you’re only going to read one economics book in your life make it Henry Hazlitt’s Economics in One Lesson. Hazlitt takes the great Frederic Bastiat’s That Which is Seen, and That Which is Not Seen and shows what separates the economically literate from the snake oil salesmen. In Bastiat’s essay, he tells the story […]

Rome’s Demise

Rome’s Demise

The Roman Empire didn’t fall because of military issues-The true roots of its decline were monetary. In Ludwig von Mises’s Human Action his explanation for the demise of Rome is outstanding: Knowledge of the effects of government interference with market prices makes us comprehend the economic causes of a momentous historical event, the decline of […]

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