Sep

24

How We Got HereAs an explanation of everything, I liked How We Got Here by Andy Kessler, available free online. It covers the invention of nearly everything from the steam engine to the Internet and touches on issues dealing with patents and banking systems along the way. It's his best work and well worth reading. He inserts levity and explains things very well. I also liked Running Money and Wall Street Meat by the same author, but found his latest, The End of Medicine, worthless.

George Zachar writes:

Hans-Hermann Hoppe explains pretty much everything in his 33 page essay Banking, Nation States and International Politics, tying together gold, fiat currency, banking, the State, the evolution of the Euro….


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  1. gabe on September 24, 2007 10:32 pm

    c’mon!!! “The state’s nature as an institution engaged in organized aggression also explains the importance of the next field of redistributive activities: that of traffic and,communication. There can be no regular exploitation without monopolistic control of rivers, coasts, seaways, streets, railroads, airports, mail and telecommunication systems. Thus, these areas, too, must become the object of redistribution.”???

    “…bankers, because of their exalted position in economic life and in particular because of their far-reaching interconnectedness as a professional group resulting from the nature of their business as facilitators of interspatial and intertemporal exchanges” ???

    looks to me this Hoppe guy suffers from lunacy squared. there are vast plains in Africa where he can roam free if he hates society that much.

    can we address more stringent subjects like: how robust are market studies based on non-parametric tests? in order to avoid the whole normality/paretian argument? thank you

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