In March, at the National People’s Congress, Beijing set its annual gross domestic product (GDP) growth target. Since 1985, in every year but one, China has met or exceeded its official projections, raising doubts about whether or not Beijing’s claims of rapid growth can be believed.
On the occasion of the 7th Annual Madrid Conference on Austrian Economics a festschrift collection of essays was presented in honor of Dr. Jesús Huerta de Soto. He first read Human Action as a teen in the 70s. He has proven to be a successful businessman, as he has been at the helm of one of the most important insurance companies in Europe. He is a deeply devout Catholic, happily married to Sonsoles Huarte, and has six children. At age 66, he is perhaps the most interesting and influential living member of the Austrian school of economics.
Good news: the Pentagon is having trouble meeting recruiting goals, and an increasingly small portion of the American public is interested in fighting wars for the regime.
The TSA has been promising to end its boneheaded ways for more than 20 years. Flying out of Dallas International Airport last week, I ruefully recognized that all TSA reform promises are malarkey.
