In this interview, Mark Thornton covers some basics about the Austrian School and the current economic situation.

Unfortunately this team seems to be covering up a possible risk to children, especially black children.

For years, some parents of autistic children have claimed a link between their children’s condition and vaccines. One vaccine in particular has been mentioned: the MMR (Mumps, Measles, and Rubella).

As an academic and economist, few things are as frustrating and mind-boggling as the fervor with which people embrace and display their economic illiteracy. It appears some, and an increasing number of them, consider it to be a quality or even a moral advantage to remain ignorant of basic economics.

Board member Dr. Don Printz has donated to the Institute a magnificent bronze bust of libertarian pioneer Leonard E. Read (1898-1983), founder of the Foundation for Economic Education and friend of Ludwig von Mises, Henry Hazlitt, Ron Paul, and Lew Rockwell.

More photos are here.

Mark Thornton on PressTV:

In a sense wealth disparities do indicate recessions because they have the same cause as the boom-bust cycle in the economy, that is, when the central bank - the Federal Reserve of the United States - reduces interest rates to very low levels, they cause a boom in the economy which leads to an inevitable bust in the economy,” Thornton, senior fellow at the Ludwig von Mises Institute, told Press TV in a phone interview on Wednesday.

Summary by Luis Rivera III:

Here Dr. Walter Block, host Daniel Rothchild and other guests go over a number of topics including:

One of the more important monetary theorists of the mid to late 1900s, Leland Yeager, Ludwig von Mises Professor of Economics, Emeritus, at Auburn University, recently turned 90. The Mises Institute last week hosted a reception his honor. Multiple tributes to Professor Yeager are available at the free banking blog.  Well worth reading to anyone interested in monetary economics.

We’re often told that international trade thrives on debt. In an especially risky line of business, financial intermediation, with its loans and guarantees, is the indispensable infrastructure for the progress of commerce. Perhaps entrepreneurs wouldn’t even consider selling goods to foreigners if it weren’t for banks and credit markets to finance them. Naturally, if and when markets fail in this role, Ex-Im Banks and other government intervention must provide ‘extra liquidity’ for trade.

As part of a follow-up to my article on cannabis industry and its many related industries, I picked up a copy of Culture magazine, which bills itself as “the #1 cannabis lifestyle magazine” at  a Denver pizza place. I was intrigued by the ads. A lot of them are what you’d expect: hippie or stoner-themed ads for, well, stoners.

Last week, the Mises Institute hosted a reception in Ward Conservatory in honor of Dr. Leland B. Yeager‘s 90th birthday.

Leland Yeager is Ludwig von Mises Professor of Economics, Emeritus, at Auburn University.

Here is a 1991 interview from the Austrian Economics Newsletter.

More photos are available here.