Infinite Banking (IBC) is something an individual can do to change the world.



You too, can become part of the greater solution.

Carl Menger, an Austrian economist, who wrote “Principles of Economics” in 1871, is considered by many to be the founder of the Austrian School.

Ludwig von Mises, another great thinker of the Austrian School, applied the theory of marginal utility to money in his book “Theory of Money and Credit” (1912).

Some others (as seen below) include: Eugen von Bohm-Bawerk, Friedrich Hayek, Frédéric Bastiat, Eugen von Boehm-Bawerk

Leonard Read 1898-1983

Nelson Nash’s Mentor

Henry Hazlitt 1894-1993

Henry Stuart Hazlitt was an American journalist who wrote about business and economics for such publications as

The Wall Street Journal, The Nation, The American Mercury, Newsweek, and The New York Times

Henry Hazlitt wrote this book following his stint at the New York Times as an editorialist. His hope was to reduce the whole teaching of economics to a few principles and explain them in ways that people would never forget. It worked. He relied on some stories by Bastiat and his own impeccable capacity for logical thinking and crystal-clear prose.

He was writing under the influence of Mises himself, of course, but he brought his own special gifts to the project. As just one example, this is the book that made the idea of the “broken window fallacy” so famous. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy.

This is the book to send to reporters, politicians, pastors, political activists, teachers, or anyone else who needs to know. It is probably the most important economics book ever written in the sense that it offers the greatest hope to educating everyone about the meaning of the science.

Many writers have attempted to beat this book as an introduction, but have never succeeded. Hazlitt’s book remains the best. It’s still the quickest way to learn how to think like an economist. And this is why it has been used in the best classrooms for more than sixty years.

Ron Paul

Everything he says comes from F.E.E. Foundation for Economic Education

Watch the video at the link below to see Ron Paul supporter of Austrian Economics and Infinite Banking.

Nelson Nash

The man whose book (Becoming Your Own Banker) started it all.

Forester, Austrian Economist, Pilot, Discoverer of Infinite Banking, Author of Becoming Your Own Banker.

April 5, 2014 · Jennifer · No Comments
Tags: , , , , , , ,  · Posted in: Austrian Economists, FOUNDATION for ECONOMIC EDUCATION

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