Mises Wire

After ninety years of work on the Austrian theory of the business cycle, and a shelf full of books and journal articles, it is rather alarming

Bill Jamieson writing in The Scotsman proposes 0.0% interest rates, and says:

Letter sent to WSJ:

At the risk of committing the solecism of quoting myself (AEIOU, for those who understand!), in this context, I wrote in yesterday’s Cap

Ramesh Ponnuru, writing on NRO’s Blog, says: 

Edmund Phelps of Columbia University writing in the WSJ (June 3, 2003)&

“But economists don’t know accurately where the natural rate is, so how can the market?” 

From Reuters via Forbes, Greenspan says:

William Pesek, Jr., of Bloomberg discusses

Letter to Mises.org: