Veblen’s Institutionalist Elaboration of Rent Theory

Despite the popularity of Veblen’s writings with the reading public, his contribution has remained isolated from the academic mainstream, and he did not leave a «school.»
Today’s Macroeconomic Problems, the Expedient Solution & its Consequences

Policy-administered asset monetization would stop the global financial system from seizing, restore sorely needed economic balance, and reset commercial incentives so that real growth can once again gain traction.
[VIDEO] Lectures on Irredeemable Currency vs. Gold
![[VIDEO] Lectures on Irredeemable Currency vs. Gold [VIDEO] Lectures on Irredeemable Currency vs. Gold](http://trumanfactor.com/wp-content/themes/patterns/timthumb.php?src=http%3A%2F%2Ftrumanfactor.com%2Fwp-content%2Fuploads%2F2012%2F01%2FKeith-Weiner.png&q=90&w=650&h=300&zc=1)
In the first lecture, I described the problem we now face. In the second, I propose a solution (gold bonds).
Paul Krugman’s Economic Blinders

Many of Mr. Krugman’s readers find him the leading hope of opposing even worse Republican politics. But what can be worse than the Rubinomics that Larry Summers, Tim Geithner, Rahm Emanuel and other Wall Street holdovers from the Democratic Leadership Committee have embraced?
Jesús Huerta de Soto: «Crisis financiera, reforma bancaria y el futuro del capitalismo»

Conferencia del profesor Jesús Huerta de Soto en la Fundación Rafael del Pino (19/04/2012).
Growth versus austerity in euroland

The question is not whether to give priority to fiscal austerity or economic growth but to find the optimal degree of austerity and structural reforms for the maximisation of confidence.
When did Austerity Become a 4 Letter Word?

Some forms of “austerity” have minimal near term impact yet are crucial for the long run.
Productivity, The Miracle of Compound Interest and Poverty

Rising productivity would raise wages and living standards, enabling people to work shorter hours under more relaxed and less pressured workplace conditions.
The State of Play: Statists at Play

Kirchner’s declaration that the action is a “recovery of sovereignty and control” should further remind observers and investors that those in power ultimately rely on maintaining and obtaining access to natural resources.