Mises Search

  Response to Reader Comments  May 28, 2003 Dear Fellow Conservative: I have been amazed that a little memo from a simple professor--who credits his involvement in the conservative movement back to the earliest days of National Review in New York when Buckley, Meyer, Kirk, Kendall, Bozell and other brilliant conservative intellectuals were

“I n last issue’s Bursting Bubbles : Why the economy will go from bad to worse,’ economist Dean Baker examined how the boom economy of the ‘90s was built on three unsustainable bubbles. One—the stock bubble—has already burst. The other two bubbles—the dollar bubble and the housing bubble—are still with us, but not for long. These bubbles created

“Alan Greenspan, the Federal Reserve chairman who is often called the second-most-powerful person in the United States, was made an honorary black man yesterday.  He was also called ‘a bad brother.’”

Writes Justin Raimondo in Antiwar.com : “As an extra, added bonus: we now have the Mises blog – where you can read the latest about the issues that really matter, written by scholars and students associated with the Ludwig von Mises Institute, from a pure free-market perspective.”

From Justin Raimondo: An Iraqi street vendor says: “’The prices are better because there’s no government now,’ he said, expressing no regrets.” Cited in the Los Angeles Times  

Reports the Los Angeles Times : “Baghdad businessmen join the reconstruction gold rush and find new ways to make a quick dinar. But competition can be cutthroat.”  

“Freddie Mac, the big buyer of mortgage loans, fired its president yesterday, contending that he failed to cooperate with an internal investigation into its accounting practices,” says Alex Berenson in the New York Times .  

Criminal investigations into Freddie Mac , one of the main airhoses into the housing bubble. 

Remarkable story on a central bank that cannot afford the paper to print more currency. In short, the story underscores the commercial foundations of civilization itself. Harare (AP) - Zimbabwe lurched closer to economic collapse Friday as banks ran out of money, fuel and power shortages worsened, factories slowed production and pay phones were

Business at New York bars and restaurants has plummeted by as much as 50 percent in the wake of the smoking ban — and the drop has already sparked layoffs and left some establishments on the brink of shutting their doors, a Post survey has found .