Known and Unknown

In his own words:
"Reports that say that something hasn't happened are always interesting to me, because, as we know, there are known knowns; there are things we know that we know. There are known unknowns. That is to say, there are things that we now know we don't know. But there are also unknown unknowns. There are things we do not know we don't know."
Donald Rumsfeld

Back on the Road to Serfdom

"... Antony Mueller looks at the more immediate causes of the recent financial crisis. His essay is a valuable corrective to the standard account of the economic downturn that has fueled so much of the recent resurgence of statism. Professor Mueller’s interpretation of the crisis, which is informed by the Austrian School of economics, also accounts for why the proposed remedies are likely to prolong the economic malaise in those countries adopting them..."
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Five video lectures

Inflation and Deflation 
http://www.newmedia.ufm.edu/gsm/index.php/Muellerinflationmacroeconomic

	1.- Do Current Account Deficits Matter? January 27, 2004 Antony Mueller
	2.- Financial Cycles, Business Activity and Asset Valuations January 26, 2004 Antony Mueller
	3.- Currency Arrangements in Europe January 29, 2004 Antony Mueller
	4.- Independence of the European Central Bank January 28, 2004 Dr. Antony Mueller

Democracy

"Democratic politics relies on deception. Without deception of the voters on a comprehensive scale, there could be no politics above the local level, where people know the deceivers personally and are therefore less easy to fool. Basic to deception are symbols. Symbols serve politicians in much the same way as a red cape serves a matador."
Gary North

A test of ideas

"Wenn eine Idee nicht zuerst absurd erscheint, taugt sie nichts."
Albert Einstein

How to be a man

“If”
By: Rudyard Kipling

If you can keep your head when all about you

Are losing theirs and blaming it on you,

If you can trust yourself when all men doubt you

But make allowance for their doubting too,

If you can wait and not be tired by waiting,

Or being lied about, don’t deal in lies,

Or being hated, don’t give way to hating,

And yet don’t look too good, nor talk too wise:



If you can dream–and not make dreams your master,

If you can think–and not make thoughts your aim;

If you can meet with Triumph and Disaster

And treat those two impostors just the same;

If you can bear to hear the truth you’ve spoken

Twisted by knaves to make a trap for fools,

Or watch the things you gave your life to, broken,

And stoop and build ‘em up with worn-out tools:



If you can make one heap of all your winnings

And risk it all on one turn of pitch-and-toss,

And lose, and start again at your beginnings

And never breath a word about your loss;

If you can force your heart and nerve and sinew

To serve your turn long after they are gone,

And so hold on when there is nothing in you

Except the Will which says to them: “Hold on!”



If you can talk with crowds and keep your virtue,

Or walk with kings–nor lose the common touch,

If neither foes nor loving friends can hurt you;

If all men count with you, but none too much,

If you can fill the unforgiving minute

With sixty seconds’ worth of distance run,

Yours is the Earth and everything that’s in it,

And–which is more–you’ll be a Man, my son!

“The superior man, when resting in safety, does not forget that danger may come. When in a state of security he does not forget the possibility of ruin. When all is orderly, he does not forget that disorder may come. Thus his person is not endangered, and his States and all their clans are preserved.”
Confucius (551 BC - 479 BC)