The NYT has unearthed a document that seems to date back to 2008 of which a new edition is in the works, and this new edition permits the FBI to do damn thing it wants to do, such as rummage through your trash, monitor communications, break into databases, and be the all-round agency of total domestic surveillance. The 2008 treatise is an
Barron’s notes the growing intensification of the great debate of our time between the Austrians and Keynesians. Randall W. Forsyth calls it “the great economics smackdown.” IT MAY NOT RANK with the Hatfields and the McCoys, but there’s a battle raging. It’s the Austerians vs. the Keynesians. In one corner are the advocates of fiscal austerity,
In my living memory, every socialist failure has been blamed on the weather. And so it is with the pathetic job growth figures in the U.S., which the New York Times attributes to “snowstorms.” Never mind the minimum wage, the payroll tax, the regulations, the mandated benefits, the dozens of agencies that add artificial costs and risks to the
One year after the beginning of the modern credit crisis, Randall Forsyth , writing in Barrons, provides an fine round-up of what caused this mess to begin with. His theory is that the problems began when statistical modeling of mortgages replaced old-fashioned credit reports when it came to valuing mortgage loans. “With statistical modeling, no
In this press conference on video, Bernanke is asked about the Austrian theory of Mises, Hayek, and Rothbard, namely that the crisis itself is caused by FEd and by the same means that the Fed is using to supposedly cure the crisis. Bernanke is a bit long-winded but claims to understand the Austrian perspective of all of this. I would suggest that
A quick Google search confirms it (and confirms my prediction): bedbugs are back in the news . Warm weather + government controls on pesticides = bedbugs sucking blood from your back while you sleep.
Incredible that “A new French law requires listed firms to reserve 40% of board seats for women by 2017. Norway and Spain have similar laws; Germany is considering one. The European Parliament declared this month that such quotas should be applied throughout the EU.” The Economists patiently responds . I can’t think of a a surer way to discredit
So I finally gave in and coughed up a donation for Wikipedia. It was no trouble at all, and felt good. Now I have a sense that I’m a partial owner – a stakeholder of sorts – in this apparatus that I use every day. And the other day, I did the same for a small choir that sings great stuff. And there’s a museum in town that’s cool so I gave a bit
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.
