“One of the greatest, if not the greatest public demonstration ever made in Liverpool in favour of free-trade principles, was made on the evening of Wednesday last, on the occasion of the regular monthly meeting of the Liverpool Anti-Monopoly Association,” wrote the Economist .
he ball shot down the left-field line, and the Yankees’ speedy second baseman, who had singled in the inning, raced toward third base. With two outs in the eighth, the Yankees down by 3-2 and the ball caroming off the outfield wall, the third-base coach faced a decision on which the season would turn: should the runner try for home? Then the
“Here are some reasons why, good or bad, the U.S. Labor Department’s 8:30 a.m. announcement will be as credible as the fortune you get in those Chinese cookies,” writes John Crudele in the New York Post .
Captured Iraqi “gold” bars turn out to be made of copper and zinc, or so says the Bush administration . It had them tested in Kuwait, since the huge weight difference didn’t alert them. (Courtesy of George P. Zachar.)
“ Argentines bank on a good time at new debt museum .” And here’s the US National Debt Clock . Note that, according to the clock, since the feds were freed of many restraints in September 2002, they have increased the national debt by an average of $1.72 billion a day. (Courtesy of George Natalino.)
Gary North on the movie Seabiscuit : “His owner, Charles Howard, started out as a bicycle repairman-turned salesman whose product was outmoded. A series of half a dozen scenes, spanning at most two days, are brilliantly crafted to tell the story of his transition from a failed bicycle salesman to a rich car dealer. This really is the story of the
Sen. Fritz Hollings (D-SC) : ”And at the national level, we’ve got Enron accounting galore. The President said two weeks ago on page one of his budget report that we have a $455 billion deficit at the end of next month; that’s when the end of the fiscal year terminates. The truth of the matter is, you turn to page 57 of the report and you’ll see
George Akerlof interviewed by Spiegel : “Future generations and even people in ten years are going to face massive public deficits and huge government debt. Then we have a choice. We can be like a very poor country with problems of threatening bankruptcy. Or we’re going to have to cut back seriously on Medicare and Social Security.... Past
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.
