Mises the Applied Economist
Over at EconLog Alberto Mingardi has an excellent post on “Ebeling on Mises, the Applied Economist.” Ebeling is one of the top Mises scholars. Mingardi’s introduction:
A Short History of Man: Progress and Decline
Foreword by Llewellyn H. Rockwell, Jr.
Hans-Hermann Hoppe is one of the most remarkable libertarian scholars of our time. He began as a prize student of Jürgen Habermas, the famous German philosopher and social theorist. Habermas was, and remains to this day, a committed Marxist. He is the leader of the notorious Frankfurt school.
Over at EconLog Alberto Mingardi has an excellent post on “Ebeling on Mises, the Applied Economist.” Ebeling is one of the top Mises scholars. Mingardi’s introduction:
Mises Daily Wednesday by Frank Hollenbeck:
The Europeans have decided to limit funding and credit extended to the Greeks. This puts the Greek financial system under pressure, but there are free-market solutions that could set the Greeks on the path to a sound economy.
The ECB decision to limit liquidity to Greek banks was another nail in the euro-coffin, and rumors of a “Grexit” caused bank withdrawals to accelerate. Over 25 billion euros have been withdrawn from Greek banks since the end of November 2014. But there’s a problem. Fractional-reserve Greek banks do not have the funds to cover all the withdrawals if trends continue.
It is good to see Martin Feldstein, Professor of Economics at Harvard, President Emeritus of the National Bureau of Economic Research, and chair of Ronald Reagan’s Council of Economic Advisers from 1982 to 1984, join Joe Salerno (here, here, ), Mark Thornton who has revived the term, apoplithorismo
Mises Daily Tuesday by Gary Galles:
The Jones Act and similar laws have been behind a precipitous decline in global American shipping. Passed for “national defense” purposes, such laws only serve to raise the cost of shipping to US ports while restricting consumer access to goods.
The harm that Britain’s protectionist Navigation Acts imposed on the colonies was a major impetus for the American Revolution. But the United States did not abandon those unjustifiable restrictions. Even before the Bill of Rights was adopted, Congress in 1789 enacted similar protectionist restrictions on coastal shipping. It is centuries past time to eliminate such harmful restrictions and the Jones Act that is their modern progeny.
A selection from 1988’s Man, Economy, and Liberty: Essays in Honor of Murray N. Rothbard, edited by Walter Block and Lew Rockwell.
The Political Importance of Murray N. Rothbard
by Ron Paul