The Fed’s Job Dilemma (CNN): “The Federal Reserve, which has promised to keep short-term interest rates low for a long time, might even have found incentive in Friday’s dismal jobs report to cut rates again. But would a cut do any good?
Savings Bonds are Back (USA Today): “U.S. Savings Bonds are more popular than ever — with everyone but the federal government. Savings Bond sales have exploded — up 98% since 1999 as savers flock to inflation-adjusted I Bonds, now paying 4.66% in a world of paltry interest rates.”
Campus Crush (Washington Times): “Colleges are taking unusually aggressive steps to protect campus computer networks from virus outbreaks as they recover from a summer of Internet infections. Students returning to classes are finding themselves summarily unplugged if their computers are infected. Oberlin College in Ohio is threatening to fine students $25 for inadvertently spreading viruses.”
Free Trade...or Foul? (G. Callahan, LRC): “In fact, I would suggest that the only reason protectionism is much more prevalent at the national level rather than more locally is that politicians have little need to appease the people in other countries hurt by these policies, while if they apply them locally they will have angry citizens to deal with.
Reese Reviews Bovard (via LRC): “What is so valuable about Bovard’s work is that it is just plain, fact-based, footnoted reporting. He is not a polemicist, and you will find no shrill arguments, no straw men, no rants, no name-calling such as you find in most of the quickie political books that people grind out these days. Instead, you get a sober recitation of the facts set within a philosophical framework that exactly matches that of the Founding Fathers.
Posted by Mises.org News
