Educating Ben Bernanke
Mark Anderson
November 11, 2008
I just kicked off the Educating Ben Bernanke campaign. I am asking others - particularly fellow travelers of the Austrian School of economics - to join with me, by posting videos on YouTube with the tag "educating ben bernanke." In your video, share a good, economics-related book that refutes Keynesianism/Friedmanism (i.e., the ideas that monetary/fiscal stimulus is therapeutic for the economy). Also, feel free to share a short economic principle that refutes Ben Bernanke's inflationist orthodoxy (e.g., why inflation isn't measured by movements of prices).
Above is my video in which I kicked off the campaign. My recommended reading for Federal Reserve Chairman Ben Bernanke is Ludwig von Mises' The Theory of Money and Credit. My economic principle that I shared with Ben Bernanke is, in short: capital is funded by....capital. It's impossible to sustain capital with Bernanke's "liquidity."
Above is my video in which I kicked off the campaign. My recommended reading for Federal Reserve Chairman Ben Bernanke is Ludwig von Mises' The Theory of Money and Credit. My economic principle that I shared with Ben Bernanke is, in short: capital is funded by....capital. It's impossible to sustain capital with Bernanke's "liquidity."