The best description of our problematic economy

This is a quite dense read, but I implore everyone to give it a try. This was written in 1998 and is perfectly describing our current situation, with the major corporate bail-outs, extended regulation, increased money supply, business cycles, and eventual destruction of our currency.

I would love to help anyone understand exactly what the hell this guy is talking about, but please read it and ask questions. I really cannot word it any better than he explains, especially once you get past the critiques of the prior approach to the Austrian Theory of the Business Cycle.

http://mises.org/journals/qjae/pdf/qjae1_4_1.pdf