The Illusions of Wealth


IllusionOfWealth_1400-245x367Laissez Faire Books has done it again. This time with the release of The Illusions of Wealth; Ludwig von Mises on The Business Cycle, edited with an introduction by Robert Murphy.

You can download it free by joining the Laissez Faire Club here…

In the 12-Minute Executive Summary I received as a club member, a comment stands out to me:

"Increasing the amount of money in an economy does nothing to brush away the problem of economic scarcity. Money is merely a tool for calculation. Producing more of it only changes its purchasing power and distorts decision-making. It does nothing to make speculation more or entrepreneurship more or less successful."

As Jeffrey Tucker says in his introduction of the book:

"It’s not we who are corrupt, but the policymakers behind the Fed who are choosing short-term gains over long-term sustainability."

Read more here…

Why not consider membership as well?

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