VALUE VAULT Additions, Unintended Consequences, Studying the Theory of Money and Credit

Before I speak, I have something important to say. —Groucho Marx

VALUE VAULT Additions*

You will find Money Management Interviews from 2005 to 2011, 1938 page PDF.
Howard Marks on the Human Side of Investing, 42 page PDF
Investors and Austrian Economics, 7 page PDF

All from generous, anonymous contributors. Thank you!

*Access to VALUE VAULT is given by emailing: aldridge56@aol.com with VALUE VAULT in subject line. For your personal use only

Unintended Consequences of Goernment Action

Matt Damon in Good Will Hunting giving a 3-minute lecture on unintended consequences or Why I Won’t Work for the National Security Agency (NSA): http://www.youtube.com/watch?v=l8rQNdBmPek

Studying Von Mises’ Theory of Money and Credit at The Mises Academy

Readers should know that if ever I benefit from a reveral/advertisement, I will alert you upfront about any conflict of interest or incentive-based bias.

Mises Academy (http://academy.mises.org/) has an eight week course on Mises’ Theory of Money and Credit taught by Robert Murphy. I have taken a few courses from Prof. Murphy, and he is an engaging lecturer. Go here: ( http://consultingbyrpm.com/blog).

This would be a great course–though advanced–to sink your teeth into Austrian monetary theory with an excellent teacher. I will take this course and if enough people here are interested, I could try for a group discount. Your only risk is $25.00. But, I warn you, the course is demanding. See the texts below:

http://files.libertyfund.org/files/1061/Mises_0070_EBk_v6.0.pdf

http://mises.org/books/theory_money_credit_studyguide_murphy.pdf

The course: Economics Econ 400 — with Robert P. Murphy

Cost: $145 Length: 8 weeks Dates: February 1, 2012 – March 27, 2012

Click here to register for this course

This course will tour Ludwig von Mises’ classic work, Theory of Money & Credit. Space constraints prevent us from covering the entire book. Instead we will focus on Mises’ two crucial achievements in the book: (1) His unification of “micro” and “macro” by successfully applying the modern subjective theory of value to money, and (2) his development of (what we now call) Austrian business cycle theory. The course will showcase not only Mises’ brilliance as a novel thinker, but also his excellent command of the literature and his selection of the best ideas from other schools.

Lectures

The video lectures are online. Lectures will be Wednesday evenings, 6:30 – 8:00 pm Eastern Time. They will be recorded and made available for enrolled students to download.

Reading

All readings for the course will be free and available online.

Grades and Certificates

The final grade will depend on quizzes. Taking the course for a grade is optional. The Mises Academy is currently not accredited, but this course is worth 3 credits in our own internal system. Feel free to ask your school to accept Mises Academy credits. You will receive a digital Certificate of Completion for this course if you take it for a grade, and a Certificate of Participation if you take it on a paid-audit basis.

Refund Policy

If you drop the course during its first week (7 calendar days), you will receive a full refund, minus a $25 processing fee. If you drop the course during its second week, you will receive a half refund. No refunds will be granted following the second week.

Robert P. Murphy

An adjunct scholar of the Mises Institute. He runs the blog Free Advice and is the author of Chaos Theory, The Politically Incorrect Guide to Capitalism, the Study Guide to Man, Economy, and State with Power and Market, the Human Action Study Guide, and The Politically Incorrect Guide to the Great Depression and the New Deal.

Read one of his numerous Mises Daily articles.

VALUE VAULT Additions, Unintended Consequences, Studying the Theory of Money and Credit