I have always liked the content found at The Motley Fool but today’s headline really made my day. The Daily Walk of Shame: The Fed “Much of the blame for our economic crisis can be pinned on the monetary policies. Even worse, the “cure” for an ailing economy always seems strikingly similar to what caused the problems to begin with, at least
This morning Illinois Senator Mark Kirk appeared on CNBC’s Squawk Box to advocate new legislation which he claims would remove a dozen restrictions on private-public partnerships. I say “claims” because more often than not, legislation does the opposite of what its sponsors say it will do. I haven’t read the proposed legislation but from his
In the current economy, most people are trying to make cuts in their home budgets. One of the first places frugal Americans begin is with restaurant expenditures. Many people have become almost completely dependent upon others to prepare all of their meals. If you are looking to save some cash and consider yourself helpless in the kitchen there is
There is quite a mystery surrounding the $81.5 million donated to fifteen colleges by a donor insisting upon complete anonymity. This mysterious donor has insisted that the recipient schools make no attempt to ascertain her identity. Recently, I was listening to an NPR interview on the subject. In the interview the “expert,” Melissa Berman,
I am certain that everyone watching Bernanke’s testimony on Capitol Hill is as concerned for Chairman Bernanke’s health as I am. It seems that our reluctant savior has a very severe case of Alzheimer’s. Thus far the substance of Dr. Bernanke’s testimony can be summarized by his most frequent quote “I do not recollect.” No one really expects this
There seems to be a consensus that some sort of “reform” is needed for the American health care system. I keep hearing people say “at least Obama is trying to do something,” as if good intentions really solve problems. Many people have been asking about the Austrian perspective on the problems with American health care. We have some wonderful and
As a coda to my article on the tax : The HEART Act, passed on 17 June 2008, substantially modified provisions of the expatriation tax. Since the new law is materially different from the previous, I will attempt to explain the current tax consequences of expatriation. Under the new expatriation tax law, effective for calendar year 2009, expatriates
Why do people keep referring to the last several years as normal? Over and over again I hear supposed experts on CNBC and other news channels saying things like “normally,” “how things usually are,” or “under normal circumstances” when referring to the economic conditions present over the past several years. I hear the talking heads asking when
As you have surely noticed, the Ludwig von Mises Institute’s facebook page has undergone major renovations. Our fans now have a fantastic place to visit daily to keep updated on the latest news, events, photos, and publications. Fans can also take advantage of the “discussions” tab to engage in stimulating conversations with one another on all
The facebook bomb is going amazingly well, the LvMI facebook page acquired an additional 1,400 fans! The contest has generated a great response too; numerous fans are making great contributions in the discussions tab. As promised , a Top Discussion and Top Contributor have been chosen. Congratulations to August’s Top Contributor, Derek Blain. Mr.
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.