Money, Power, and Old Age
Living half of one’s life as a slave and half as the master is not the same as being free.
Mises Daily
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I Watch Westerns
The characters are rugged individuals — ingenious in their ability to fend for themselves, under all manner of adverse conditions — and asking for help from nobody.
QE2 Fuels a Global Fury
Higher food prices set off the revolutions in Tunisia and Egypt and the mass protests in countries like Algeria, Jordan, Yemen, Bahrain, and Iran. People in these countries buy more unprocessed foods and spend a much higher percentage of their income on food, so they have been severely impoverished by Bernanke's QE2.
Charles Plosser, Our Man on the Fed?
He has been saying things that sound surprisingly Austrian in regards to the limits of monetary policy.
The Healthcare Herring
Announcing that 50 million Americans are uninsured means nothing. It could be our government’s involvement that has led to the current situation.
The Education Bubble Is Fuel for Revolt
Tunisia and Egypt have a massive youth-unemployment problem. Unsurprisingly, they also have a system of "free" college education.
Merger Monday and the Destruction of Wealth
Firms have lots of cash on their balance sheet and it's not earning anything. What to do? Buy the competition.
The Rise of Statism
Higgs's book is that rare and wondrous combination: scholarly and hard-hitting, lucidly written and libertarian as well.
A Romantic Boom and Bust
Romance starts with a first move. Just as it is the role of the entrepreneur to shoulder the risk of capital investment in order to potentially achieve profit, it is the role of an instigator to take the risk in the hope of finding romantic success. Without an entrepreneur, economic growth is unobtainable; without someone making a first move, romantic growth is unobtainable.
