Americans are paying as much as $14.99 a lb for beef. This compares to $2.48-3.10 a lb in Australia (converting from $A per kilo.). One reason: US quotas on beef imports from Australia . “Since 1995, the US beef market has operated under a quota with county specific allocations to major supplies. Australia has a beef quota of 378,000 tonnes,
I’ve just come across the word coined for the first taxes imposed in early North India c.400 BC. They were known as ‘bali’ [rhymes with ‘gully’]. ‘Bala’ means ‘strength’; so ‘bali’ is ‘acquired by (superior)strength’ -
Christopher Westley’s article is solidly libertarian. But I should like to indicate here, some of the very real complexities of Iraq. 1. Iraq is not ‘composed of three nations, Shia, Sunni & Kurd’. ‘Shia’ & ‘Sunni’ are religious divisions, dating back to the 8th century, & found right through the Islamic world. Sunnis are in a large majority
The above are one of the parties fighting the General Election in Britain on the 5th May. Their ‘Manicfesto’ is delightful, although some references are veddy British: http://www.omrlp.com/ A sample: “All WMD’s (weapons of Mass Distraction) will be made highly visible so that we can find them.” “Any politician wanting to start a war will be
Contrary to what one often hears, opponents of the ‘scientific consensus’ promoted by the UN’s Intergovernmental Panel on Climate Change, are not self-published kooks & cranks. In view of the heat that this statement seems to generate, it is necessary to spell out & clarify what is involved (for careful readers): There are many established
Very broadly speaking, the UN’s International Panel on Climate Change holds the following position: Use of fossil fuels adds ominously to the CO2 in the atmosphere, as well as to other ‘greenhouse gases’. These anthropogenic additions ‘force’ temperatures further up — to deleterious levels. There follow various consequences to (eg) marine life,
For information: [I have posted this elsewhere ] ------------------------------------ Apropos of climate studies: Here is Dr Roger Pielke Sr on a recent paper in the Journal of Climate. The paper used “high resolution weather prediction models”. For “the eastern United States”, these regional models “predicted” very much higher temperatures
A correspondent on the LRC blog refers to the “.... ominous growth in dollar denominated debt instruments held by foreign central banks and foreign investors .. .the impact...when foreigners finally decide to shift their massive dollar holdings from...monetary debt instruments to goods of a non-monetary nature. When this process begins...[it]
Volume 11, No. 2 (2008) Caldwell sets out to answer the question: what can neoclassical economists of the late twentieth/early twenty-first century, learn from Hayek’s writings? His reply constitutes an intellectual tour de force of the neoclassical approach. If neoclassical economists read only one book on Hayek, this would have to be it.
Volume 23, Number 4 (Winter 2003) Sudha Shenoy is interviewed in this edition of the Austrian Economics Newsletter .
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.
