Mises Wire

Iraq Fades

Iraq Fades

Economy, Not Iraq, on America’s Mind (Newsday.com): “For the first time since the Sept. 11, 2001, attacks, the American people are more concerned about the nation’s economic woes than about terrorism, war or Iraq, according to a recent poll by the Pew Research Center. About 65 percent of Americans approve of Bush overall, but his ratings on the economy are at 50 percent or below, the data show.”

Perils of a Weak Dollar (Samuelson, Newsweek): “the cheaper dollar, by making U.S. exports more price competitive and hurting other countries’ exports, raises the unsettling specter of ‘beggar thy neighbor’ policies.”

Addressing Unreasoning Hatreds (Gary Galles, Washington Times): “Lots of ink has been spilled trying to explain a hatred of the United States that can cause the terrorism of September 11, regimes devoted to our destruction, and even actions of “allies” to embarrass and undermine America. The problem is that much of the America-hating, incited by governments distracting citizens from their own abysmal records seems completely unreasoning. For this, the best insight may be in the 1927 book ‘Liberalism,’ by Ludwig von Mises, which seems particularly relevant today.”

 

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