Monday, April 20, 2015
An Austrian Economist in France Speaks Out
"The purpose of economic science is to study how human societies work — that is to say, the way human beings behave and interact with each other. However, it is undeniable that thinking precedes action. Man is endowed with reason, which means that each and every action is actually a thinking process above all. This point is particularly highlighted by the great Austrian economist Ludwig von Mises, whose magnum opus is titled Human Action."
Friday, April 3, 2015
Loose monetary policy is driving the stock market, as per Dr. Frank Shostak. With the Fed keeping interest rates at record lows, coupled with programs like Operation twist(US Bond purchasing program), the monetary unit loses its value with every X+1 printed. Read "How Liquidity Drives the Stock Market"