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According to the Ludwig von Mises Institute’s 2012 IRS 501(c)(3) tax-exempt filing, it reported a total of $22,268,915 in assets. We see then, how the promotion of Austrian economics is big business, and why its associates and founder, Lew Rockwell, are limited in what positions they will take on certain issues. For example, Lew Rockwell […]

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At a local libertarian gathering this past week, the topic of economics came up, and I said to the surprise of everyone there, “I don’t agree with Austrian economics.” I started getting into the first reason I list here, and for completeness, here are ten top reasons: 1) I don’t think government has to borrow […]

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Congratulations to Anthony Migchels, author of realcurrencies.wordpress.com, for his other site, recoveringaustrians.wordpress.com, making it into Commodity HQ’s Top 40 Austrian Economics Blogs. Anthony has sourced many of my articles at Exposing Faux Capitalism, and it’s good that at least one site critical of Austrian Economics is included in a Top 40 list of Austrian Economics […]

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According to Thomas Luongo, writing for LewRockwell.com, it does. He states: “Since being “converted” to both libertarianism and, by extension, Austrian economics I have developed a passion for money.” I’d classify myself as a libertarian, and I’m certainly no supporter of the Austrian school of economics, primarily due to its advocation of a gold standard, […]

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From Tom Woods’ October 7, 2014 podcast, Austrian economist takes on bestselling college text, chapter by chapter, I noted that there was no challenge mentioned of mainstream economics textbooks advocating governments borrowing from private banks to pay for their legitimate government services rather instead of issuing the money directly, interest-free.

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