Karen Kwiatkowski today on LewRockwell.com points out that the New York Times handled its plagiarism problem with “a kind of accountability that makes a newspaper great, and keeps it vibrant.” She further contrasts the NYT’s meritorious response to that the of US government during the war on Iraq, in which which lie after lie was exposed but
Especially relevant for those who think low-interest rates cure recessions: Japanese economy at a standstill . All euphemisms aside, the R-word is finally being used with reference to Germany: “ German economy has slipped into recession .” The New York Times business page headlines the European recession announcement from the EU.
From the New York Times , Fascinating look at the managerial and technical issues that can make or break retailing on the web: “...the rate at which electronic merchants turned browsers into buyers—the so-called conversion rate—was only 3.2 percent, nearly unchanged from last year. And the rate at which customers abandoned filled shopping carts
The mainstream mythology says that free trade needs a government-like structure on an international level in order to thrive. Two papers from the NBER seriously challenge that idea, not on the level of theory, but by the experience thus far with the World Trade Organization. Do WTO Members have More Liberal Trade Policy?: “This paper uses 68
After several days in which the Treasury Secretary claimed that a low dollar is great, the White House spokesman now says US policy is unchanged: the US wants a strong dollar . Maybe, just maybe, the strength or weakness of the dollar is more influenced by supply and demand than the statements of government officials.
A wonderfully informative piece by Paul Kasriel explains that Greenspan has to keep rates low in order to keep the price of real estate pumped up. Faced with unprecedented declines in household net worth, the value of real estate becomes ever more important for political reasons. But the trendline on bankruptcy and foreclosure rates does not look
All friends of liberty should be concerned about this: “ US Supports Global Anti-Smoking Treaty” ( USA Today ) Inevitably, war amensia sets in: “ Boycott of French Wine Losing Fizzle with Public .” ( Washington Times , with a newly revamped website) Here we go again: “ BOJ to Pump More Money Into Economy .” ( Business World ) First seize
Allies to Begin Seizing Weapons From Most Iraqis: “Iraqis will be allowed to keep small arms at home for protection... Iraqis will not be allowed to take their weapons outside their home without a special license. Those who do obtain such licenses — security guards, for example — will not be allowed to carry concealed weapons.... Some 7,000 police
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.
