What people today call inflation is not inflation, i.e., the increase in the quantity of money and money substitutes, but the general rise in commodity prices and wage rates which is the inevitable consequence of inflation. ~Ludwig von Mises
The three volumes of The Gulag Archipelago — one continuous, extended scream of outrage — are, paradoxically, brilliant, bitter, disbelieving and infused with awe: awe at the strength characterising the best among us, in the worst of all situations. In that monumental text, published in 1973, Aleksandr Solzhenitsyn conducted “an experiment in literary investigation” — a hybrid […]
Foreword Nothing in this article is unique. I am heavily borrowing (with full credit where it is most due) from the gurus whom have most influenced my life from a financial standpoint. To download this article as a PDF – click here. Dave Ramsey—who doles out solid financial advice “your grandmother would give you”—posits a […]
A great article, originally from ‘The Atlantic’, on Obama’s worse record than Bush on abuse of civil liberties. An excerpt from the article for example… “No more national security letters to spy on citizens who are not suspected of a crime.” Obama promised on the campaign trail. Yet the Justice Department’s latest report to Congress […]
