Oh so rarely, the New York Times ‘ editorial page make good economic sense, and its position opposing the Bush Administration’s Social Security privatization plans is one of those times. Sure, its motives reflect devotion to winning a partisan battle than to sound economics. Indeed, it would rather have Social Security strengthened and expanded.
“Right now, the economy in Nigeria is such that 25 cows is considered having a lot,” says Chicago Bears defensive end Adewale Ogunleye , who is first in line to succeed his uncle as king of the Nigerian city of Emure. “Well, 25 cows doesn’t do anything for me, so I think I’ll be in Chicago for a
The computer glitches that stranded thousands of airline passengers on a busy Christmas weekend resulted when protected workers called in sick at numbers greater than anticipated, but don’t tell that to the New York Times . It is simply another case of market failure, and a reason to pine for the good old days when the Civil Aeronautics Board had
The marketplace is a wonderful place, writes Chris Westley, except when it’s MarketPlace, that public radio program that airs mornings and evenings in the United States. It’s a reliable source of economic fallacy, state celebration, and anti-commercial bias. Since there is no shortage of privately provided business media in print, radio, and
The Economist magazine’s ranking of business schools lists, for the first time ever, a non-American institution at the top. The University of Navarre’s IESE Business School bumped Northwestern University from the number one ranking because of its particularly strong performance in the areas of opening new career opportunities and in starting
I always knew that if the Republicans were ever to become the majority party, they would do it by mimicking the Democrats. To support this point, this morning’s Washington Post includes a graphic showing the big winners (in terms of wealth transfers) from the recently-passed transportation bill. These include: + $550 million for Rep. Tom DeLay
I remember receiving several coarse emails a couple of years ago for citing William Nordhaus ‘ 2002 study that estimated the Iraq War would cost around $1.2 trillion over ten years. Read the full study here . WARNING: Large download. (A summary table can be seen here .) The figure was outlandish, I was told. This was back at the time when Larry
It has long been expected since Morales’ election, notes the Washington Post : Bolivian President Evo Morales seized control of the country’s natural gas industry Monday, sending soldiers to occupy fields that he contends private companies have plundered for years. Morales said that unless foreign energy firms agreed to give Bolivia’s state oil
“Gold is a barometer of the common stock of a country, and right now gold is sniffing out weakness in the management of the United States as a business,” said Mr. Sinclair, 65, a lifelong Republican who twice voted for President Bush. “Iran is becoming a nuclear power. The chairman of the Federal Reserve is on a puppet string controlled by the
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.
