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Are Economic Crises Inherent to Market Economies?

ARE ECONOMIC CRISES INHERENT TO MARKET ECONOMIES? It is interesting to note that Marx, in his analysis of the capitalist economic system, basically concentrates on the study of the imbalances and maladjustments which occur in the market. This accounts for the fact that Marxist theory is primarily a theory of market disequilibrium and that occasionally […]

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“The End Of Truth” – Hayek Saw It All Coming Over 70 Years Ago

“The End Of Truth” – Hayek Saw It All Coming Over 70 Years Ago The Road To Serfdom (authored by F.A. Hayek, first publ;ished in 1944) Excerpts from Chapter 11 – The End of Truth Annotated via Crossroad.to/heaven, “The most effective way of making everybody serve the single system of ends toward which the social […]

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The Fed Can’t Save Us

The Fed Can’t Save Us In December, the Fed hiked its target for the federal funds rate, which is the interest rate banks charge each other for overnight loans of reserves. Since 2008 the Fed’s target for the Fed Funds Rate had been a range of 0 percent – 0.25 percent (or what is referred […]

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Professor Fekete About Gold And The Debt Society

Professor Fekete About Gold And The Debt Society  Claudio Grass interviews Professor Antal E. Fekete GLOBAL GOLD: “Prof. Fekete, it is a pleasure to have this opportunity to talk to you. You are a fierce critic of the current monetary system and a strong proponent of the gold standard, particularly the variety that combines with the […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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