The Forever Professors

Paul Caron at TaxProfBlog discusses an article in The Chronicle of Higher Education, and (unintended) hilarity ensues:

“Professors approaching 70 who are still enamored with hanging out with students and colleagues, or even fretting about money, have an ethical obligation to step back and think seriously about quitting. If they do remain on the job, they should at least openly acknowledge they’re doing it mostly for themselves. ...

How Wilson and the Fed Extended the Great War

The Free Market 32, no. 10 (October 2014)

As the world reflects on the incomprehensible horror of the Great War which erupted 100 years ago there is a question which goes unasked in the media coverage. How was there no peace deal between the belligerents in 1915 or at latest 1916 once it became clear to all — especially after the Battle of the Somme — that the conflict had developed into a stalemate and holocaust of youth?

The October Issue of The Free Market Is Online!

In case you missed it, be sure and check out the October issue of The Free Market, now online at Mises.org.

October’s issue features a short adaptation of Jörg Guido Hülsmann’s important lecture on The Cultural Consequences of Fiat Money, in which Dr. Hulsmann examines how a century of artificially low interest rates and money manipulation has deeply affected our relationship with money and savings.