Brief overview of Hayek’s Nobel Price Theory

Not directly startup related, but it never hurts to understand the basics of economy.

Thomas E. Woods gives us something to think about the current stimulus packages, interest rates, bailouts etc. According to the Austria School of Economics it’s all completely wrong. Reality seams to support this long suppressed theory nowadays.

The video is the second half of the speech Why You’ve Never Heard of the Great Depression of 1920 without the story of the 1920 depression, just Friedrich von Hayek‘s theory overview.

Thomas E. Woods, Jr., is a senior fellow at the Ludwig von Mises Institute. He holds a bachelor’s degree in history from Harvard and his master’s, M.Phil., and Ph.D. from Columbia University. He is the author of nine books, including two New York Times bestsellers: Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse and The Politically Incorrect Guide to American History.

Goodbye Australia!

Alea iacta est – I have informed my landlord that I have to break the lease and my car is up for sale.

It was great to get plenty of job and business partnership offers, but none of those really understood the requirements and implications of the necessary visa sponsorship.

Coming to Australia was one of the best things in my life and I am grateful for all the people I have met, the friendships made, the places visited, the new skills I have learned and the knowledge I have discovered.
Currently I am tiered apart between the feelings of looking forward to join my family and friends at home again and the loss of what has grown to be a second home for me.

But to say it with the words of a famous guy from my hometown: I’ll be back!

Until then, I’ll do my best to stir up the European entrepreneurial and social media scene
If somebody is looking for someone to do business development in Europe, I might be available.

Hasta la vista, baby.