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Sowing the Wind

Sowing the Wind: Hans F. Sennholz

Essays and Articles on Popular Economic Policies that Make Matters Worse

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Autor(en) Hans F. Sennholz Verlag Libertarian Press, Inc.
Sachgebiet(e) English Books, Österreichische Schule ISBN 0910884447
2004, 323 Seiten, Taschenbuch

Dieses Buch ist in englischer Sprache. Es ist enthalten im Sennholz Paket # 1 zusammen mit:

- Money and Freedom

sowie im Sennholz Paket # 2 zusammen mit:

- A Man of Principle: Essays in Honor of Hans F. Sennholz

- Money and Freedom

Bei Bestellung des Pakets sparen Sie. Nähere Informationen finden Sie unter Sennholz Paket # 1 oder Sennholz Paket # 2.

Also available as bundle either together with another book of Hans F. Sennholz. You will save if you buy this book together with:

- Money and Freedom

Or as bundle together with another book of Hans F. Sennholz: "Money and Freedom" and John W. Robbins/Mark Spangler: "A Man of Principle: Essays in Honor of Hans F. Sennholz". You will save if you buy these books all together.

 

Sowing the Wind is a collection of incisive essays by Hans F. Sennholz. He exposes the short-term thinking of policy-makers who "react to every conceivable political and economic crisis by slashing interest rates and creating new credits." Yet the long-term consequences of these policies are "maladjustments caused by wanton money and credit creation and false interest rates," requiring ever more and larger interventions. Thus, the policy-makers respond to each crisis in popular ways that sow the seeds for the next crisis. Dr. Sennholz unmasks the fallacies inherent in such "knee-jerk" policies and capsulizes their consequences with the Old Testament passage: "For they have sown the wind, and they shall reap the whirlwind."

Acknowledgments
Introduction

I. Blowing Bubbles

     Boom Without End
     A Precarious Dollar
     Ill-designed for Soft Landing
     A New Era
     Record Trade Deficits
     The Fed, the Fed, the Fed
     The Mighty Dollar
     On the Horns of a Dilemma
     Blaming the Fed
     Gold Is Shining Again
     The Perils of Deflation
     Potential Dollar Scenarios
     There Is a Market Rate of Interest
     Miraculous Growth of Money
     Inflation or Deflation?

II. The Love of Spending

    The Budget Surpluses
    Tax-cut Talk
    A Pyramid of Debt
    The Love of Spending
    Deficits Do Matter
    Deep in Debt, Caught in a Net
    Incomes Are Falling
    Exporting American Jobs

III. Foreign Maladies

    IMF Bailouts
    Japanese Malaise
    Globalization under Fire
    The Asian Crisis
    A New Kind of War
    Whither the Euro?
    Enmity in the Middle East
    Turmoil in Argentina
    A Visit to Russia
    The German Affliction
    At War with Iraq
    Rebuilding the Iraqi Economy
    Economic Doctrines of Islam

IV. Modes of Conduct

    Moral Dilemmas on April 15
    Jubilee 2000
    Oppressive Medicare
    Medicare Fight Without End
    Social Justice
    CEO Remuneration


Index

Source: Libertarian Press, Inc.

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