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	<title>Steve Baker MP &#187; Austrian School</title>
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	<link>http://www.stevebaker.info</link>
	<description>One life. Live it.</description>
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		<title>Via LearnLiberty &#8211; Social Cooperation: Why thieves hate free markets</title>
		<link>http://www.stevebaker.info/2012/02/social-cooperation/</link>
		<comments>http://www.stevebaker.info/2012/02/social-cooperation/#comments</comments>
		<pubDate>Sat, 04 Feb 2012 11:06:12 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Austrian School]]></category>
		<category><![CDATA[Books]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Human Action]]></category>
		<category><![CDATA[LearnLiberty.org]]></category>
		<category><![CDATA[Markets]]></category>
		<category><![CDATA[Society]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=10739</guid>
		<description><![CDATA[Via LearnLiberty.org: And also: Society is concerted action, cooperation. Society is the outcome of conscious and purposeful behaviour. &#8230; Individual man is born into a socially organized environment. In this sense alone we may accept the saying that society is&#8211;logically or historically&#8211;antecedent to the individual. In every other sense this dictum is either empty or ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2012/02/social-cooperation/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>How Liberals Distort Austrian Economics &#8211; Reason Magazine</title>
		<link>http://www.stevebaker.info/2012/01/how-liberals-distort-austrian-economics-reason-magazine/</link>
		<comments>http://www.stevebaker.info/2012/01/how-liberals-distort-austrian-economics-reason-magazine/#comments</comments>
		<pubDate>Wed, 18 Jan 2012 09:01:30 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Austrian School]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Reason]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=10595</guid>
		<description><![CDATA[Via How Liberals Distort Austrian Economics &#8211; Reason Magazine: The earliest Austrian economists did not make their mark by advocating free markets and other classical-liberal ideas. They did so by proffering a revolutionary positive (not normative) theoretical approach to understanding how markets work, focusing on value, price, and capital, theory. &#8230; Yglesias thus conflates Austrian economic ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2012/01/how-liberals-distort-austrian-economics-reason-magazine/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>New quick guide: Economics in One Lesson</title>
		<link>http://www.stevebaker.info/2012/01/new-quick-guide-economics-in-one-lesson/</link>
		<comments>http://www.stevebaker.info/2012/01/new-quick-guide-economics-in-one-lesson/#comments</comments>
		<pubDate>Thu, 05 Jan 2012 08:00:50 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Austrian School]]></category>
		<category><![CDATA[Books]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Economics in One Lesson]]></category>
		<category><![CDATA[Hazlitt]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=10495</guid>
		<description><![CDATA[Every week for the next 26 weeks, I&#8217;ll be publishing a précis of a chapter of Henry Hazlitt&#8217;s brilliant 1946 book, Economics in One Lesson, prepared by Michael Dowsett during his internship. The index page is here. This week, in just 189 words, The Lesson. Of course, there is no substitute for reading the book: ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2012/01/new-quick-guide-economics-in-one-lesson/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>If this is capitalism, I am not a capitalist</title>
		<link>http://www.stevebaker.info/2011/12/capitalism/</link>
		<comments>http://www.stevebaker.info/2011/12/capitalism/#comments</comments>
		<pubDate>Wed, 07 Dec 2011 10:05:09 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Austrian School]]></category>
		<category><![CDATA[Bank of England]]></category>
		<category><![CDATA[Central Banking]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[MA]]></category>
		<category><![CDATA[Money Supply]]></category>
		<category><![CDATA[Parliament]]></category>
		<category><![CDATA[Unemployment]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=10377</guid>
		<description><![CDATA[I spoke last night in the general debate on the economy, saying*: As I rise to speak I am reminded of a quotation from an economist who was a fierce critic of Keynes, a chap called Henry Hazlitt, who said: “Today is already the tomorrow which the bad economist yesterday urged us to ignore.” We have ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2011/12/capitalism/feed/</wfw:commentRss>
		<slash:comments>10</slash:comments>
		</item>
		<item>
		<title>What the Chancellor will not be discussing tomorrow: the collapse of paper money</title>
		<link>http://www.stevebaker.info/2011/11/what-the-chancellor-will-not-be-discussing/</link>
		<comments>http://www.stevebaker.info/2011/11/what-the-chancellor-will-not-be-discussing/#comments</comments>
		<pubDate>Mon, 28 Nov 2011 08:00:19 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Austrian School]]></category>
		<category><![CDATA[Books]]></category>
		<category><![CDATA[Detlev Schlichter]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Parliament]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=10265</guid>
		<description><![CDATA[Via the Adam Smith Institute on YouTube, Detlev Schlichter explains the thesis of his recent book, Paper Money Collapse: The Folly of Elastic Money and the Coming Monetary Breakdown: Amongst other things, Detlev is a Senior Fellow of the Cobden Centre, which I co-founded. I should very much like to believe his thesis is incorrect, ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2011/11/what-the-chancellor-will-not-be-discussing/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Via Learn Liberty, the price system + profit and loss</title>
		<link>http://www.stevebaker.info/2011/11/the-price-system/</link>
		<comments>http://www.stevebaker.info/2011/11/the-price-system/#comments</comments>
		<pubDate>Mon, 14 Nov 2011 08:34:46 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Austrian School]]></category>
		<category><![CDATA[Books]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[LearnLiberty.org]]></category>
		<category><![CDATA[Liberty]]></category>
		<category><![CDATA[Markets]]></category>
		<category><![CDATA[Prices]]></category>
		<category><![CDATA[Profit]]></category>
		<category><![CDATA[Video]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=10182</guid>
		<description><![CDATA[Part I, the price system: Part II, profit and loss: See also, Kirzner, How Markets Work: Disequilibrium, Entrepreneurship and Discovery (PDF), which is a wonderful rebellion against the over-simplification of neo-classical economics. For example: Austrian theory, as presented here, places great weight on &#8216;entrepreneurial discovery&#8217; which enables decentralised decision-makers to recognise when present decisions can ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Credit expansion and the trade cycle</title>
		<link>http://www.stevebaker.info/2011/08/credit-expansion-and-the-trade-cycle/</link>
		<comments>http://www.stevebaker.info/2011/08/credit-expansion-and-the-trade-cycle/#comments</comments>
		<pubDate>Thu, 18 Aug 2011 07:38:08 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Austrian School]]></category>
		<category><![CDATA[Credit]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Money]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=9907</guid>
		<description><![CDATA[Via XX. INTEREST, CREDIT EXPANSION, AND THE TRADE CYCLE &#8211; - Mises Institute, which I recommend in full, old advice on our present situation: The wavelike movement affecting the economic system, the recurrence of periods of boom which are followed by periods of depression, is the unavoidable outcome of the attempts, repeated again and again, to ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2011/08/credit-expansion-and-the-trade-cycle/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>The Austrians Were Right, Yet Again &#8211; Jeffrey A. Tucker &#8211; Mises Daily</title>
		<link>http://www.stevebaker.info/2011/08/the-austrians-were-right-yet-again-jeffrey-a-tucker-mises-daily/</link>
		<comments>http://www.stevebaker.info/2011/08/the-austrians-were-right-yet-again-jeffrey-a-tucker-mises-daily/#comments</comments>
		<pubDate>Mon, 08 Aug 2011 06:27:26 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Austrian School]]></category>
		<category><![CDATA[Capital]]></category>
		<category><![CDATA[Cobden Centre]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Ideas]]></category>
		<category><![CDATA[Mises]]></category>
		<category><![CDATA[Money]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=9863</guid>
		<description><![CDATA[Via The Austrians Were Right, Yet Again, Jeffrey A. Tucker sets out the way it is in the USA: After three-plus years of floundering around, a consensus has finally arrived that we are back in recession. Growth is not happening. The meager statistical growth of the past few years — no one dared claim it ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2011/08/the-austrians-were-right-yet-again-jeffrey-a-tucker-mises-daily/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>Inflation and government borrowing</title>
		<link>http://www.stevebaker.info/2011/07/inflation-and-government-borrowing/</link>
		<comments>http://www.stevebaker.info/2011/07/inflation-and-government-borrowing/#comments</comments>
		<pubDate>Fri, 22 Jul 2011 08:46:40 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Austrian School]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Ethics]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Mises]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Money Supply]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=9769</guid>
		<description><![CDATA[In his short article Inflation and You, Ludwig von Mises explains inflation itself, the social and economic effects of inflation, who inflation&#8217;s victims are, the futility of attempts to hedge against inflation, the moral and political effects of inflation and, finally, inflation and government borrowing. I thoroughly recommend the whole article, but I reproduce the section ]]></description>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Online Library of Liberty &#8211; Freedom and the Law (LF ed.)</title>
		<link>http://www.stevebaker.info/2011/07/online-library-of-liberty-freedom-and-the-law-lf-ed/</link>
		<comments>http://www.stevebaker.info/2011/07/online-library-of-liberty-freedom-and-the-law-lf-ed/#comments</comments>
		<pubDate>Fri, 08 Jul 2011 11:51:40 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Austrian School]]></category>
		<category><![CDATA[Bruno Leoni]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[Liberty]]></category>
		<category><![CDATA[Rule of Law]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=9691</guid>
		<description><![CDATA[This weekend, I am speaking on the financial system at a conference in Bulgaria organised by Istituto Bruno Leoni. The tenor of the conference may be indicated by this abstract of Bruno Leoni&#8217;s Freedom and the Law: The greatest obstacle to rule of law in our time, contends the author of this thought-provoking work, is ]]></description>
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		<slash:comments>0</slash:comments>
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