Price controls have a decent shot of working this time, so we’re told , because the central planners have based the caps on an index of five-day averages of spot rates in three mainland markets (L.A., N.Y., and Gulf Coast). That should do the trick. These guys are so clever. I wonder why the market never thought of this? (Wink,
Shoplifting as Social Commentary : European police are attempting to halt the spread of a guerrilla shoplifting network, seizing computer equipment connected to the cause. Yomango calls on anti-consumerism activists to “liberate” goods from stores in an effort to spread the ideals of brand-free living. The movement started in 2002 in Spain, where
Don Boudreaux posted an interesting blog entry at Cafe Hayek (forwarded to me by two different e-mailers who wanted a response) with a link to a New York Times article quoting Columbia economist Frank Lichtenberg as stating, “In general, the benefits of new drugs outweigh the costs by a substantial margin.” Call me a little skeptical of this last
The way modern medicine sees it, if you think you’re sick, but you’re not, then you’re really sick. Mentally, that is. Sound crazy? Look here (free registration required). According to the Seattle Times , people who fake illnesses or who interpret every discomfort as a sign of illness are no longer dismissed as malingerers or hypochondriacs. Even
says the MSNBC “Answer Desk.” Well I’m relieved to find this out, and also to learn from the “Answer Desk” that the Fed is a valiant inflation fighter. I guess the bright side of all this is that now it may be easier to rid ourselves of the Fed...or maybe
declares Newsweek . It’s a mystery—even to the number crunchers. “We’d like to say it’s because economics is so interesting and because economists are so handsome and intelligent,” says John Siegfried, an econ professor at Vanderbilt University. “But there’s no good answer.” Sure, Siegfried. Of course the Austrian School is by far the sexiest
Volume 4, No. 2 (Summer 2001) The cognoscenti behind the Bush (Campaign 2000) proposal call their plan “privatization.” Privatization, as typically understood by economists, means the transfer of capital ownership and resource allocation from the state to private individuals or organizations. Social Security is a tax-revenue stream from
Volume 17, No.1 (Spring 2014) In Priceless: Curing the Healthcare Crisis , “libertarian” economist John C. Goodman has written one of the most misperceived books in recent memory. While as of this writing Priceless has been published a little more than a year, it seems to have been favorably blurbed and reviewed across a wide range of ostensively
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.
