A number of people have been interested in this piece from the WSJ on hedonic price adjustments (May 9, 2005). A member sent this open link. Rothbard’s critique of index numbers is here
A correspondent sends this link to a Forbes piece on the FCC’s ruling on Voice-over-Internet Protocol phone service. VoIP had better provide 911 service or else they can just shut their scrappy little attempt to compete with the old-timey carriers. Also: “The FCC isn’t the only governmental body putting pressure on VoIP companies. On Thursday,
Who can imagine the following (true, really true: prove it to yourself by clicking) first paragraph in the Washington Post : In the boisterous sea of green robes at George Mason University yesterday was Amir Azad, 18, who is looking forward to some light, summer reading: “Human Action,” by the economist Ludwig von Mises, and “Man, Economy and
Declan McCullah (Cnet) has found that the Soc-Sec Admin opened its files to the FBI and other police agencies after 9-11, so that the FBI could investigate people. It seems to be the first time this was permitted, if the official history is correct. Here is a PDF of all the documents obtained through
David Skarbek of Cantillon’s Paradise is not impressed with Freakonomics by SD Levit and SJ Dubner, which is a bestseller by standards of economics books. It is, he says, too heavy on vulgarity and pop-up author ads and too light on
Bill Fleckenstein ( MSN Money ) says that the next Fed chairman should “Be well-versed in the so-called Austrian School of Economics.... a school of economic thought championed by, among others, Nobel laureate Friedrich von Hayek. The Austrians deny that a central bank, such as the Fed, can work economic miracles by juggling interest rates. In
Ages ago, the great antitrust struggle in software was over Microsoft’s practice of tying its browser to its operation system. Also, there was an outcry among competitors (not consumers) over the zero price that MS was charging for IE. The great fear was that IE would have a complete monopoly on browsers and then...do something really terrible.
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.
