Chris Coyne draws our attention to this nice story in the Financial Times . The investment theme of the autumn will instead be the vindication of the Austrian economists and their theories about the nature of the business cycle. At this point, even most well-informed financial people will say “What? Austrian what?” After giving the matter a little
Yes, it is burning question, and someone had to be bold enough to ask it. So I did. I wasn’t complaining, just asking. To my total amazement, Kellogs answered: Jeffrey, Thank you for contacting us to let us know you would prefer that a different material be used to package Kellogg’s® Honey Smacks® cereal. We base our choices for both inner and
That’s how the Washington Post describes the FBI’s new software,the Virtual Case File (VCF), which cost the agency $170 million. Come to think of it, 730,000 lines of unusable code is a pretty good description of the whole government. In any case, the agency still has no viable alternative to its paper files. Or there’s
I had the great pleasure of spending about 10 hours during Mises University in private interviews with many of the faculty members. If you subscribe to the Mises podcast , you have probably already heard them. If you don’t, you can access them individually. I hope you like what turned out! At least three people who opinions I respect said very
I received the most fascinating email in response to this article , in which I complained about the expansion of Cap’n Crunch’s Crunchberries from red to a variety of colors of crunchberries that do not actually appear in nature. Here is the email: Sir, I must confess that I was part of the nefarious plot to turn crunch berries various colors
From a 1934 article in Time Magazine : “...With the Amundsen (rail car) coupled on to the end of Southern Pacific’s Lark, Mr. Aldrich & party went from San Francisco to Los Angeles, there to inspect, among other things, a whopping if unwanted Chase investment. Fox Film Corp. Funnyman Will Rogers reported: “One of New York’s very leading bankers
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.