Mises Search

Mr. R.A. writes: “While I tend to agree with you most of the time, your essay on the supposed benefits of deflation was uncharacteristically wide of the mark. The reason deflation is to be feared is that it will cause a global wave of bankruptcies, resulting in massive asset write-downs. The late C.V. Myers explained succinctly why: Ultimately,

A ”heraldic preference for war over peace may be indicated by a new eagle to the left of President Andrew Jackson’s portrait” on the new colored $20 bill, says Numismatic News  (Collector.com)

“Radio tags the size of a grain of sand could be embedded in the euro note if a reported deal between the European Central Bank (ECB) and Japanese electronics maker Hitachi is signed,” says Winston Chai in CNET News.com

Andrew Zimbalist, the Robert A. Woods professor of economics at Smith College, toys with such far-out concepts as the abolition of all antitrust restrictions on baseball. Taken literally, without antitrust restrictions, ball clubs would presumably be free to locate wherever they wished. ‘’If monopoly sports leagues did not artificially regulate

On balance, in fact, the steps being taken to pull the economy back from the precipice may delay the arrival of one able to stand on its own. “What we’re doing now is trying to create a cyclical pop with a massive policy response,” said James W. Paulsen, one of the few forecasters to predict the 2001 downturn and the chief investment strategist at

“Don Alonzo emerged from the Korean War unscathed,” writes Steve Dunleavy in the New York Post (5/25/03), “but he says Mayor Bloomberg has put a final nail in his coffin.” He “looked over a sign that was an obituary for his restaurant. The sign read simply enough: ‘Alonzo’s will be closing its business on May 30th. ‘Thanks’ to Mayor Bloomberg!’ 

A newspaper column consisting almost entirely of quotes from Mises’s Liberalism . Addressing Unreasoning Hatreds,” Gary M. Galles . May this start a trend!  

How goes it in Iraq? Well, let’s check those reliable folks who gave us the war in the first place, those googling warriors over at nationalreview.com. Let’s see. Looking now at the front page. Here’s an article attacking the New York Times for their coverage of campus neocons. Here’s a piece on Los Angeles politics . Here’s another calling for

‘You’ll think I’m off my trolley, but Bush has the most positive approach to Africa since Kennedy,’ says Bob Geldorf. Rory Calhoun reports from Addis Ababa in the Guardian.  

“I favor a much smaller government, but I do not favor the Bush tax cut. Or, to be more precise, I would support a tax cut if one had been proposed. But so far President Bush has neither proposed nor implemented a tax cut—only a tax shift .” Alexander Tabarrok on “What Tax Cut? “