As William Anderson Predicted: Advocates Meet to Plan Big Mac Attack on Fat (Washington Times) Also, the article that Clyde Wilson described as “worthy of Murray Rothbard”: War on Iraq: The Verdict , by Lew Rockwell. State budget crisis due to spending, not economy (USA Today)
The Class of 2003 International European and Economic Studies majors at University of New York in Prague ( www.unyp.cz ) has selected Josef Sima (of the Liberalni Institut of Prague and summer fellow of the Mises Institute), as the outstanding professor in their major. The courses taught were “Public Sector & Public Policy” and “Labour Economics”.
Sour Grapes in the Golden State (BBC): “California’s wine industry is weathering the worst downturn in the industry’s history after a string of bumper crops and a souring economy has led to plunging prices and financial problems for some vineyards. The seeds of the oversupply were sown in the 1990s when demand skyrocketed and a booming economy
CNN’s Special Report on the Fed Though Wall Street has been roiled by a debate about the size of the Federal Reserve interest rate cut almost certain to come Wednesday, the debaters may be missing the point: What the Fed says could be more important than what it does. Posted by Jeffrey
Ammo Low, Fed Eyes Last Bullet to Lift Economy (CSM): “ For the past 2-1/2 years, the Federal Reserve has lowered interest rates to stimulate the economy. The result has been a virtual gully washer of money in the economy. But now, as the Fed contemplates yet a 13th cut, it has become much more difficult and complicated to pump up the economy by
Inexperienced Hands Guide Iraq Rebuilding (Washington Post): “Some people in the occupation authority believe the U.S. government needs to create a modern version of the old British colonial service, dispatching legions of young diplomats and others with specific technical experience to small towns and provincial
Crony Capitalism in the United States (Economist.com): The mortgage markets may now be mature enough not to need Fannie Mae and Freddie Mac any more. Certainly, the two companies think that they have outgrown their original brief. Both have moved away from buying, packaging and selling mortgages towards retaining them instead. Because they can
People variously comment on the wonderful charts that appear on Mises.org. Frank Shostak and Sean Corrigan do their own, but many of the others come from a fabulous resource for free data and charts: www.economagic.com . Try it out! Everyone in Europe seems so unhappy about the dollar’s slide. www.Money.Cnn.com is suddenly worried that the entire
Tallying up the government payroll used to be a somewhat reliable way to measure the size of government. No longer: contracting out has become more common. Under this system, the government decides what needs to be done, the taxpayers pay the bill, and the profits land in private hands. Some people call it privatization, or we might just call it
Bush Urges Free Trade, says a headline on CNN . But it turns out the free trade he supports works a lot like global weflare and mercantilism: “Bush has announced a 50 percent increase in U.S. development aid and pledged $15 billion to fight AIDS, a disease which has decimated the working-age population in some African countries.... The United
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.
