Sweden’s Pirate Party has won entry to the European Parliament in Brussels in elections held Sunday. The Pirate Party gained 7 percent of the Swedish votes and secured at least one of the 18 seats that Sweden holds in the parliament. “Citizens have understood that it’s time to pull the fist out of the pocket and that you can make a difference,”
http://consultingbyrpm.com/blog/2009/07/big-picture.html While it’s fun, geeky, and necessary to argue about credit vs. money , I think we should also occasionally take a big step back and look at the broad themes. In a recent post , I said that the best way to predict what was coming--and how to protect your household--was to imagine that you
Walter Block is back with another controversial article this time questioning a four year old article by Wendy McElroy . Here is Wendy’s response to Walter from four years ago when he raised similar issues , but never replied. This is an ongoing debate that last reared its ugly head in a discussion between Walter Block and Stefan Molyneux. Here is
Mark Merritt, president of crisis-management consulting firm Witt Associates, said the hurricane should provide a bump in economic activity over the next few months. “After a disaster, there’s always a definite short-term increase,” Merritt said. “There will be furniture bought, homes repaired, new carpet, new flooring, all the things affected by
Ryan Grim reports on an issue becoming evermore widely known: “ The Federal Reserve, through its extensive network of consultants, visiting scholars, alumni and staff economists, so thoroughly dominates the field of economics that real criticism of the central bank has become a career liability for members of the profession, an investigation by
For some reason or another I missed this very impressive resource list of essays, books, and videos that Tom Woods put together for those interested in a beginner’s guide to Austrian economics . Tom begins with elementary texts on economic reasoning and then supplements this with a video series by various excellent professors who discuss one
Comedian Adam Carolla breaks down the current occupy Wall Street movement in very frank terms (NSFW language). He dives into the cultural reasons that lead us into this situation. See also Helmut Schoeck’s Envy: A Theory of Social Behaviour . And, this is what the tragedy of the commons looks
Rep. Alan Grayson Questions Fed Inspector General Elizabeth Coleman on the $9 trillion in off-balance sheet transactions. Elizabeth Coleman: “We are in not a position to say if there are losses.” Grayson concluded, “I am shocked to find out that nobody at the Federal Reserve, including the inspector general, is keeping track of this.” The
Once again, Ron Paul gets the lowest GOP score from the U.S. Chamber of Commerce By: Timothy P. Carney The U.S. Chamber of Commerce has issued its 2009 congressional scorecard , and once again, Rep. Ron Paul, R-Tex. — certainly one of the two most free-market politicians in Washington — gets the lowest score of any Republican. Paul was one of a
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.