John Maynard Keynes was an English “economist” who spawned a revolution in economic thinking that broke out in Britain from a cesspool of socialist thinking, creating a title wave of anti-economics that overwhelmed and dominated the economics profession worldwide known as Keynesian economics. His experience as an investor is very instructive of his mindset and the unfortunate revolution that he brought to the world.

So here we are again.

I remember watching, nineteen years ago, as Hurricane Katrina devastated New Orleans and surrounding areas. I remember donating bags full of supplies to an organization that was collecting them in New York City and taking them to the stricken areas. I remember hearing about people who lived in those areas coming together, getting organized, and doing whatever they could to help each other – and I remember hearing about FEMA agents doing everything they could to prevent them from helping each other.

A notice from Steve Trost, Director Institute for the Study of Free Enterprise at Oklahoma State University:

(Note that the deadline for applications is this Saturday (10/19) at 8p CDT.)

Greetings Mises Fellows & Senior Fellows, and Associated Scholars!

My friends at AARP were the first to let me know that my monthly stipend from taxpayers by way of Uncle Sam will increase by 2.5% beginning in January.