Mises Search

Government lawyers have another scalp for their belts.  A. Alfred Taubman, the 76-year-old CEO of the Sotheby’s auction house, has been convicted of price fixing in federal court in New York City and now faces time in prison.  Legitimate businesses find themselves in crisis, and it will be more difficult to auction items in the future.  In short,

There are times when economists come up with “free market” ideas that are so bad, they cry out for a reply. Martin Feldstein, who served as President Ronald Reagan’s chief economic adviser, has come out with a “free market” energy plan that defies logic--and even the imagination. Like so many other proposed energy-related policy abominations, it

As the once-formidable Enron Empire continues to implode--and new revelations appear daily about the inner workings (and apparent financial shenanigans) of this firm--we are treated, not surprisingly, to the wrong story by the mainstream news media and their associates from the political classes.  It is bad enough to see a huge firm go bankrupt,

With Enron, Global Crossing, and other debacles in the news, the usual hue and cry for “more regulation” is hitting full steam.  In a recent New York Times  column, Paul Krugman--always an apostle for expansion of the police powers of the state--says that the Enron collapse will have an even larger impact on the future of this country than the

It is sometimes exciting when one’s home county makes national or even international news, but the place where I lived off and on for 30 years seems to be the center of attention that perhaps people in that county would like to avoid.  For the past two weeks, a horror story has unfolded in Walker County, Georgia, as state inspectors have

Bush  supporters (and especially the editorial writers of the Washington Times  and The Wall Street Journal ) seem relieved now that A lan Greenspan  has officially proclaimed that the recession that began a year ago is now over.   Even as people in  New York City  observed a brief period of silence to mark six months since the September 11

While most of the writings of Paul Krugman are, to me, analogous to one’s scraping his fingernails on a chalkboard, I must admit to reading his stuff. His latest gripe about a story on how many doctors are refusing to see more Medicare patients provides ample proof that one can be called an “economist,” yet not know much about economics. Krugman

While living near Greenville, South Carolina, a couple of years ago, I attended a dinner that featured the late Sherwin Rosen of the University of Chicago as its speaker. Rosen, who had been a colleague of F.A. Hayek’s at Chicago, spoke that evening on Austrian economics--or, at least, he attempted to talk about Austrian economics. In a short

During the debate on whether or not to drill for oil in the Arctic National Wildlife Refuge (ANWR), the U.S. Department of the Interior has posted Website pictures of the actual area where oil would be drilled--and those pictures conclusively demonstrate that the pictures of mountains and abundant wildlife shown on television news broadcasts are

The “leftist slant” of the mainstream news media in the United States tends to be in the eye of the beholder.  For example, when former CBS correspondent Bernard Goldberg claimed in his recent book Bias  that mainstream news figures such as Dan Rather and others demonstrated outward leftist sentiments, the attacks upon him by his former colleagues