I was struck by the passing comment from a student I met over the week that his brother, a physician, was moving his practice from the U.S. to Costa Rica. His brother is driven by the desire to provide medical care to people who need it but enterprise is at the core of the decision. It seems that medical tourism is dramatically on the increase:
Panic of 1792 Panic of 1796–1797 Panic of 1819 Panic of 1825 Panic of 1837 Panic of 1847 Panic of 1857 Panic of 1866 Panic of 1873 Panic of 1884 Panic of 1890 Panic of 1893 Panic of
This is according Alternet.org, which offers what has to be the most upside-down history of the 20th century ever written. It includes gems like: In Germany’s 1932 elections, the Nazis and the Communists came out on top — and by early 1933, with Hitler in charge, Germany’s fledgling democracy was shut down for good. That should have sealed the
Here is a letter signed by many economists that warns against several aspects of the bailout plan–all correct if weakly stated–and concludes that Congress should hold hearings. Compelling is not the word I would use to describe it. (Thanks MR ) As economists, we want to express to Congress our great concern for the plan proposed by Treasury
Forbes reports that “According to CreditSights, a research firm in New York and London, the U.S. government has put itself on the hook for some $5 trillion, so far, in an attempt to arrest a collapse of the financial
And he actually favors this policy ( from the FT ): “there must be a clear commitment that, whatever else happens, no big financial institution in any country will be allowed to
For years, free market theory of one sort or another has been caricatured as “trickle down economics.” The idea is that we believe that if society protects the wealth of the rich, and let’s them keep more of their money, the blessings will eventually trickle down to the poor and middle class. In some ways, it is not an entirely indefensible view,
The New York Times Science article headline says that the scary resurgence of the bed bug is baffling to scientists, but the bafflement evaporates by page 2 of the story: “Many pesticides don’t work, and some that do are banned.” Ah ha! Bingo. The nasty critters had been wiped out by the 1950s, and now they are back thanks to government
[Last in a series] Someone handed me a book the other day--a cult classic among music geeks--and urged me to read it, and, when I had finished, sign my name in the front cover. That way I could be added to the already long list of readers in the front cover, each of whom add added his or her scrawl to the book after having read it. How charming!
You should read this post and thread first : - The head of IT has been in government for 27+ years. She is the one making purchasing decisions and setting strategic direction. She does not own a computer or have an external email address. She does not buy on-line, and she has the web monitor set so tight you can forget about using the Internet. No
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.