Laissez 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?