An interesting reflection from Financial Sense. Yugoslavia tried to jumpstart its woeful economy by turning to a Keynesian “solution”. In 1989, Yugoslavia enacted its “stimulus plan”; it went on a government spending binge. If the country was wallowing in economic squalor, where did the money come from? Simple....it was created out of thin air! In
Despite the billions spent since 2001 on intelligence and counterterrorism programs, sophisticated airport scanners and elaborate watch lists, it was something simpler that averted disaster on a Christmas Day flight to Detroit: alert and courageous passengers and crew members. That’s not my spin or my writing. That’s the lead of the NYT piece on
Looking at the New York Times headlines this morning, Recovery Slows With Weak Job Creation in June and Recovery is Losing Steam , I’m finally beginning to understand the strange change of language that has occurred in the last 18 months or so. The word recovery is a euphemism of some sort. It actually means a depression. This is not difficult to
I’m reading the predictable but still startling story in the New York times called “ U.S. Wants to Make It Easier to Wiretap the Internet .” The idea is that the government wants to wiretap every cell conversation, every email, every transmission, and wants to put the burden of providing for that capacity on private companies. Instead of enhancing
Many people are wondering why California didn’t vote for legalized pot, but consider that 46% is pretty darn great for a measure that flatly contradicted federal policy for decades, and a great blow against a policy that surely will not
John Carney offers an interesting point of view on the Austrian cycle theory at CNBC. I corresponded with him on this and he is more correct than he seems to be on first read.
As Kinsella points out , a major feature of Jacob Huebert’s book Libertarianism Today is that he deals with the reality that issues of “intellectual property” constitute a major area of state expansion today and also present a serious challenge to libertarians. I can recall my own excitement when I heard that IP issues would be given an entire
Excellent extended study of the mortgage meltdown by Stan Liebowitz, Independent Institute. (thanks Tom DiLorenzo )
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.
