Surprise! The Fed Isn’t Just Greenspan ”The committee is divided,” said Alan S. Blinder, the vice chairman of the Fed in the mid-1990’s and now an economics professor at Princeton. “And you can see why. It’s a tough call right now.”
“One of the most enduring political images of the last generation is the one of Arthur Laffer, an obscure economist from the University of Southern California, scribbling a parabola on a cocktail napkin one night in the late 1970’s to illustrate how tax cuts would lead to more government revenue, not less,” writes David E. Rosenbaum in the New
ONE: “The effect of the dollar’s plunge is a murky mix of pluses and minuses for consumers, businesses and investors.” (New York Times) TWO: “The White House’s comfort with the dollar’s decline is seen by analysts as part of a government effort to talk up the economy.” (New York Times)
The “core divide in American politics now is not between liberals and conservatives, or between capitalists and socialists. It is between libertarians and communitarians,” says E.J. Dionne in the Washington Post
“William Hanna of Hanna-Barbera fame brought the world the Jetsons, the cartoon family that whizzed through rush hour on a skyway and kept robot friends. Mr. Hanna’s son David plans today to introduce a more attainable vision of the future” [in Burt Blumert’s hometown]. ( New York Times ) And see Jeff Tucker on the Jetsons ( LRC
“Recently, a new business I planned to open in Santa Fe became one the latest victims of the ‘living wage’ campaign that is crippling firms and hurting local economies across the US,” writes Ed Tinsley
James Ostrowski , a Buffalo, N.Y., attorney and columnist for LewRockwell.com, told CNSNews.com that acting on a warped interpretation of the Commerce Clause, Congress has far exceeded the powers originally granted to it by the Constitution. The Commerce Clause, he said, was originally designed to prevent state governments from enacting
“In a [USB] list of high-priced places Oslo has overtaken Tokyo as the costliest place to live. Tokyo is now third on the list - dropping from first place in 2000, when the survey was last done. Hong Kong was second on the list and New York fourth, the survey said.... After New York, the UBS survey said the most expensive cities were Zurich,
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.
