Jacques Chirac seems to be on the verge of waging all out war against the gravest possible threat to his country: ultra-liberalism (hint: that’s what Misesians favor). He has announced that ultra-liberalism is the “communism of our time” because it poses a threat the Euro social model in which politicians and bureacrats run people’s lives. Good
Freakonomics (William Morrow, 2005) by Steven D. Levitt and Stephen J. Dubner has been reviewed several times on Mises.org ( 1 , 2 , 3 ), but there are some points to add. Levitt’s coauthor Stephen Dubar has written an interesting and informative book and the title is all too accurate. Readers will be exposed to precious little economics, only the
This webpage econphd.net provides an inside look at mainstream economics. It includes information on rankings, admission standards, graduate textbooks, lecture notes ect. It would seem that the mathemization of economics is complete and there is no longer any actual economics in economics, at least in graduate training at the major universities.
This might be the first crack in the housing bubble. The graph below is of the Philadelphia Housing Index (major home builders) since the index began in 2002. The HGX index (In blue) has remained above the Index´s 200 day moving average line (in red) until very recently. This “technical” sign is not surprising given the increase in interest rates
Reuters reports : “The vice president reported receiving $21,674 in gifts, including three fishing rods, a pair of $615 leather hunting boots and a $399 cowboy hat. The gifts were from individuals as well as groups such as the Fraser Institute in Canada and a company, Hatco Inc., of Texas which gave him the cowboy
Historically, you know, we have a couple of grievances with the Japanese. First, healed over like an old wound, are the events of December 7, 1941. In the usual American tradition, we won that war but we lost the peace — said the experts. (I’ll tell you why later.) Next, was the Great Scare of the eighties when armies of U.S. economists, with
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.