It Looked Good on Paper (NYT): “About six months ago, Professor Boskin, an economist at Stanford who was chairman of the Council of Economic Advisers under the first President George Bush, released a paper suggesting that the federal government had a bounty of $12 trillion coming that no one had bothered to count. Baby boomers and others, who
Vietnam worries next tariff dispute will be about shrimp (AP): “After losing a major trade dispute with the United States over catfish tariffs, Vietnam is worried about the possible impact on an even bigger market: its shrimp.” Also, from Radio Australia , “US shrimpers say low-priced shrimp from Vietnam and other Asian and Latin American
Lots of talk about William Gale’s testimony to the House Committee on the Budget, July 24: “[T]he fiscal problems the country faces are unlike any other the country has faced in their origin and nature. We will likely have to find a new way of dealing with them. The notion that federal spending can be held to its post-WW II norm of about 18 or 19
The Fall 2003 issue of the Austrian Economics Newsletter is an extensive report by Roger Garrison about his experience as the first Hayek Visiting Fellow at the London School of Economics. This is a special web edition. For an outline of his talks and photos, see the classroom site .
The New York Times runs a piece on the various estimates of how much spam costs the nation--as if anyone could possibly know that, consider all the complications and tradeoffs, and sum them up in a figure like $10 or $20 billion. The article includes a contrary point of view: “Peter S. Fader, a marketing professor at the Wharton School who has
From MSNBC : “suborbital spaceship being tested by aircraft designer Burt Rutan and his team at Scaled Composites fired its rocket engine and went supersonic for the first time today, on the centennial of the Wright brothers’ historic first flight.”Our flight this morning by SpaceShipOne demonstrated that supersonic flight is now the domain of a
I was going to blog on the raising of the terror alert in the days after Saddam’s capture—another example of a policy yielding the opposite of its stated intentions—but Bumper Hornberger already has: “Well, U.S. officials have raised the terrorist color code on the eve of the Christmas holidays, which means that we all,once again, have to be
The Christian Science Monitor reports on a case that illustrates everything wrong with dictatorship by judges. “This week, on the eve of Yellowstone National Park opening its gates to winter visitors, a federal judge in Washington, D.C., issued a controversial order that has left many in the park gateway community stunned.” “The whole thing is a
Congresses passes a very bad law , that includes a bounty for anyone reporting suspected spammers, and, meanwhile, users report great success with Norton Antispam, among many available commercial products. Norton and its purchasers do it all without bounties, fines, or prisons.
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.
