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1、MakingEconomicSense2ndEditionMurrayN.RothbardLudwigvonMisesInstituteAUBURN,ALABAMACopyright©1995,2006bytheLudwigvonMisesInstituteAllrightsreserved.Nopartofthisbookmaybereproducedinanymannerwhatsoeverwithoutwrittenpermissionexceptinthecaseofreprintsinthecontextofreviews.ForinformationwritetheLud

2、wigvonMisesInstitute,518WestMagnoliaAvenue,Auburn,Alabama36832.ISBN:0-945466-46-3CONTENTSPrefacebyLlewellynH.Rockwell,Jr.........................xiIntroductiontotheSecondEditionbyRobertP.Murphy.............................xiiiMAKINGECONOMICSENSE1IsItthe“Economy,Stupid”?.........................

3、.32TenGreatEconomicMyths...........................73Discussingthe“Issues”..............................194CreativeEconomicSemantics........................235ChaosTheory:DestroyingMathematicalEconomicsFromWithin?...................................256Statistics:DestroyedFromWithin?.............

4、.......287TheConsequencesofHumanAction:IntendedorUnintended?..................................318TheInterestRateQuestion..........................339AreSavingsTooLow?..............................3710AWalkontheSupplySide...........................4011KeynesianMyths..............................

5、.....4312KeynesianismRedux................................45vviMakingEconomicSenseTHESOCIALISMOFWELFARE13EconomicIncentivesandWelfare.....................5314WelfareasWeDon’tKnowIt........................5615TheInfantMortality“Crisis”........................5816TheHomelessandtheHungry..........

6、.............6217RiotingforRage,Fun,andProfit.....................6418TheSocialSecuritySwindle..........................6819RootsoftheInsuranceCrisis.........................7120GovernmentMedical“Insurance”.....................7421TheNeoconWelfareState..........................7722ByTheirFruits

7、...................................8123ThePoliticsofFamine..............................8424Governmentvs.NaturalResources....................8725EnvironmentalistsClobberTexas......................8926GovernmentandHurricaneHugo:ADe