Category Archives: Economics

Socialist Economy Is Impossible

by Morgan Reynolds After the Soviet Union collapsed in December 1991 it was widely and plausibly proclaimed that full-blown socialism was dead and buried.  Capitalism had triumphed.  No more aggressive, big and popular socialist experiments.  Ha!  Wrong.  Even in the … Continue reading

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A Virus Blows Up Fiscal and Monetary Sorcery

by Morgan Reynolds So is everything alright with the economy?  The Fed’s in control, right?  Ok, then Trump is?  Hardy, har, har.  We’re experiencing a Warren Buffet moment: “Only when the tide goes out do you discover who’s been swimming … Continue reading

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Public Policy Insights

January 23, 2020 by Morgan Reynolds, Ph.D. Economics Professor Emeritus While I have been around public policy debates for decades, only recently did I become involved in a full-blown political campaign here in Arkansas.  I did some research on tax … Continue reading

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The Economics of the Civil War

by Morgan Reynolds On January 7, 2019 I gave a talk to the Hot Springs Village Civil War Roundtable.  Here are my notes: Economics is not everything in understanding warfare but it is important most observers likely will grant yet … Continue reading

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Economics of War

by Morgan O. Reynolds I was asked by the Hot Springs Village Skeptics to give a seminar talk on the economics of war on November 8, 2018.  Here are my notes for that presentation. A more accurate title?  Political Economy … Continue reading

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Econ 101 According to Reynolds

by Morgan Reynolds By invitation I gave a talk before the ‘Free Thinkers’ of Hot Springs last April on the assigned topic, ‘The Economy and Inequality,’ rather a large undertaking to do right and admittedly I never got very far … Continue reading

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The Federal Fiscal Condition: Kick the Can ’til You No Longer Can

Originally published as The Federal Fiscal Condition: Kick the Can ’til You No Longer Can at https://www.lewrockwell.com on April 26, 2017 By Morgan Reynolds April 30, 2017 Donald Trump wants to cut the tax/confiscation rate.  Ok, but maybe it would be a … Continue reading

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This Labor Day, Celebrate Your Local Flagman

by Morgan Reynolds Published on LewRockwell.com September 3, 2012 A few weeks ago I was charging along on U.S. 50 in West Virginia, enjoying the state’s great August weather during a brisk, twisty ride up a mountain on my motorcycle. … Continue reading

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“Fear the Boom and Bust” a Hayek vs. Keynes Rap Anthem

“Fear the Boom and Bust” a Hayek vs. Keynes Rap Anthem Morgan Reynolds — Mar 31, 2010 Want to know more about the boom-bust business cycle and our current plight? Watch “Fear the Boom and Bust” a Hayek vs. Keynes … Continue reading

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The Poverty of Modern Macroeconomic Theory And Power of Austrian Business Cycle Theory

The Poverty of Modern Macroeconomic Theory And Power of Austrian Business Cycle Theory (Adobe Reader Required)

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A History of Labor Unions From Colonial Times to 2009

A History of Labor Unions From Colonial Times to 2009 Morgan Reynolds – July 6, 2009 Printer friendly copy of this article available here. “Those who tell you of trade-unions bent on raising wages by moral suasion alone are like … Continue reading

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Countercyclical Quackery

Countercyclical Quackery Morgan Reynolds – February 24th, 2009 “In medical science, practices that have no chance to cure but are likely to kill a patient would be declared quackery,” declares author Michael Lundeen, “but in ‘political science,’ quacks like Greenspan … Continue reading

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Timothy Geithner and the Ruling Class

Timothy Geithner and the Ruling Class Morgan Reynolds – February 12, 2009 A new, fact-rich book by investigative journalist Russ Baker, Family of Secrets: The Bush Dynasty, The Powerful Forces That Put It In The White House, And What Their … Continue reading

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Zombies R U.S.

Zombies R U.S. Morgan Reynolds* — December 5, 2008 You think it’s bad now? It’s going to get much worse. This is the big one, call it Great Depression II. Why am I so sure? Because the depth and duration … Continue reading

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Sin of Omission Empowers Banksters’ Weapons of Mass Destruction

Sin of Omission Empowers Banksters’ Weapons of Mass Destruction Morgan Reynolds – October 30, 2008 Mainstream thinking blames the financial meltdown and recession on capitalism, greed run amuck and deregulation. Laissez faire policies, naturally, get the blame. The solution? Why, … Continue reading

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Power and Privilege: Labor Unions in America (1984)

Power and Privilege (full book) (Adobe Reader Required)

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The Economic Crisis Explained by Jesus Huerta De Soto

The Economic Crisis Explained by Jesus Huerta De Soto Morgan Reynolds – October 6, 2008 What has caused the financial meltdown and economic crisis? What will happen next? The answers are surprisingly easy once you know some Austrian economics. An … Continue reading

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Stay Angry, Make ’em Walk the Plank

Stay Angry, Make ’em Walk the Plank Morgan Reynolds – September 29, 2008 Printer friendly copy of this article available here. Disastrous as the Wall Street bailout is, there are two good things about it: • The American people “get … Continue reading

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WE FOUGHT THE MARKET

WE FOUGHT THE MARKET The Barack Obama Four (Barack, Bair, Bennie and Timmy G.) (A’) Breakin’ bucks in the … hot sun We Fought the Market and … it won We Fought the Market and … it won We printed … Continue reading

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A Bright Shiny Lesson in Government Theft: How the Feds Seized My Silver Dollars

A Bright Shiny Lesson in Government Theft: How the Feds Seized My Silver Dollars By Rick Rajter* — November 26, 2007 Printer friendly copy of this article available here. Imagine my surprise (actually anger and surprise) when I awoke two … Continue reading

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