Tag: Federal Reserve

1168: Ludwig von Mises: The First Job of an Economist

W1168: Ludwig von Mises: The First Job of an Economist
The first job of an economist is to tell governments what they cannot do. —Ludwig von Mises
The first job of an economist is to tell governments what they cannot do. —Ludwig von MisesDownload Print Quality (3840×2010) 6.30MB  |  Normal Quality (1920×1005) 222KB
The first job of an economist is to tell governments what they cannot do. —Ludwig von MisesDownload Print Quality (3840×2744) 9.15MB  |  Normal Quality (1920×1372) 323KB

The first job of an economist is to tell governments what they cannot do. —Ludwig von Mises

1167: Thomas Sowell – No Contact to Economic Reality

W1167: Thomas Sowell - No Contact to Economic Reality
You can become president with no contact with economic reality. —Thomas Sowell

You can become president with no contact with economic reality. —Thomas Sowell

1163: Tom Woods – The Delusion of Keynesians

W1163: Tom Woods - The Delusion of Keynesians
Keynesians think that you can take water from the deep end of the swimming, pump it into the shallow end of the swimming pool and somehow the water level of the swimming pool will rise. —Tom Woods
Keynesians think that you can take water from the deep end of the swimming, pump it into the shallow end of the swimming pool and somehow the water level of the swimming pool will rise. —Tom WoodsDownload Print Quality (3840×2010) 3.16MB  |  Normal Quality (1920×1005) 222KB
Keynesians think that you can take water from the deep end of the swimming, pump it into the shallow end of the swimming pool and somehow the water level of the swimming pool will rise. —Tom WoodsDownload Print Quality (3840×2744) 5.18MB  |  Normal Quality (1920×1372) 304KB

Keynesians think that you can take water from the deep end of the swimming, pump it into the shallow end of the swimming pool and somehow the water level of the swimming pool will rise. —Tom Woods

1084: Thomas Sowell – If the Average Citizen Understood Economics

W1084: Thomas Sowell - Understood Economics
If the average citizen understood the basics of economics that was understood 200 years ago, most of the nonsense that is done in Washington would be impossible today. —Thomas Sowell
If the average citizen understood the basics of economics that was understood 200 years ago, most of the nonsense that is done in Washington would be impossible today. —Thomas Sowell

1024: Henry Hazlitt – Inflation is the Illusion of More Milk

W1024: Henry Hazlitt - The Illusion of More Milk
Printing money in place of real savings can create the illusion of more wealth. Just as the addition of water can create the illusion of more milk. —Henry Hazlitt
Printing money in place of real savings can create the illusion of more wealth. Just as the addition of water can create the illusion of more milk. —Henry HazlittDownload Print Quality (3840×2010) 2.92MB  |  Normal Quality (1920×1005) 182KB
Printing money in place of real savings can create the illusion of more wealth. Just as the addition of water can create the illusion of more milk. —Henry HazlittDownload Print Quality (3840×2744) 3.59MB  |  Normal Quality (1920×1372) 247KB
Printing money in place of real savings can create the illusion of more wealth. Just as the addition of water can create the illusion of more milk. —Henry Hazlitt