The European Debt Crisis Explained

Steven Horwitz

And you don't even need a PhD to do it, or understand it, courtesy of Australia's premier political satirists.

HT: My son.

Comments

[Mark D. White]

Brilliant, Steve - thanks!

[Rafe Champion]

That's the Australian school of economics!

[Justin Bowen]

That was hilarious! Thank god that kind of stuff doesn't happen here, eh?

[Skuter]

Seeing as this is an Australian related theme, I thought I might take the liberty to raise an issue that is currently being debated here in Australia. Don't know if you guys have heard much about this in the US, but I'd like to get your take on recent plans in Australia to introduce a resource rent tax on the mining sector. More info available here: http://www.futuretax.gov.au/documents/attachments/Announcement_document.pdf

In particular, I would appreciate your views on the origins of this idea as well as the theory behind such taxes (as well as where the theory might fail).

[Jordan Trunner]

Faith is peaceful and comforting, considering that it comes from inside of wherever nobody can invade your personal dreams.

[topills.com review]

"But among the physically talented, those who work smart and work hard are the ones who make it. And that was the real point of my posts on work ethic."

So in other words, you are stressing the blindingly obvious, while safely posing as socially acceptable (ie, anti-hereditarian). That's helpful, truly.

[Christian Louboutin Replica]

*People are always telling you what to do, but what's right for them may not be right for you.