The Economists and Our Understanding of Economic Development
In this paper from The Quarterly Journal of Austrian Economics, Peter Boettke and Christopher Coyne provide a brief overview of the history of development economics (i.e., understanding what makes rich countries rich) while further analyzing what role, if any, the economist has in guiding public policy on these matters:
Mark Thornton Discusses His 14 Years with the Mises Institute
Mark Thornton is interviewed by Phil Pepin on The Pursuit of Freedom radio show. They discuss Dr. Thornton’s experiences teaching Austrian economics, the development of the Mises Institute and Austrian economics from the beginning, and the growing acceptance (and opposition) of Austrian ideas in the United States.
Patrick Byrne and the Blockchain
At the Austrian Economics Research Conference this year, Patrick Byrne, CEO of Overstock.com, discussed the many ways that the blockchain may be used in the future to facilitate exchange. Summarized in the most simplistic way possible: the blockchain, Byrne says, allows parties to exchange without first having to establish trust with each other, and without having to rely on legal authorities for enforcement. Naturally, this has implications for the usefulness of state authorities in regulating exchange.
Pope Francis’s Relentless Pessimism Fuels His Faith in Politics
Pope Francis’s new encyclical “On Care for Our Common Home” has been released to much acclaim from the mainstream media.
The Freeman 1981
The Foundation for Economic Education The Freeman 1981
14 Years with the LvMI: An Interview with Dr. Mark Thornton
New York Lawyer Goes Nuts Over Texas Gold Plan
New York attorney Joe Patrice at Above the Law (a popular blog for lawyers) has issued a screed condemning Texas’s creation of a gold “bank” and has declared it contrary to the so-called supremacy clause in the United States constitution.
Mises: Economic Nationalism Is a Philosophy of War
From Chapter 24 of Human Action by Ludwig von Mises:
Trump Stumps for 25% Tax Increase, Gets Free-Market Lesson from China
Since 2011 (and possibly before), Donad Trump, a “candidate” for the GOP nomination, has been been advocating for harsh trade measures against China, even once advocating a 25% tariff on Chinese goods.