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. ...

Malinvestments from the business cycle are usually hard to detect, easily concealed, or quickly converted to new uses. That doesn’t erase the losses. However, there are instances where investment project are begun that do get stopped in their tracks and abandoned. Here are the 5 tallest skyscrapers that were unfinished.

Well, it’s a new look. 

The new blog features all the same authors as the old blog, known as “The Circle Bastiat” and the “Mises Economics Blog.” 

But now the blog site is fully integrated into Mises.org and it’s easier to make comments. The com box appears below every post. 

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 Free Market 32, no. 10 (October 2014)

It may seem unusual that an economist would talk about culture. Usually, we talk about prices and production, quantities produced, employment, the structure of production, scarce resources, and entrepreneurship.

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. 

Mises.org is the Mises Institute’s front door, the worldwide portal to the largest Austrian and libertarian library on the planet. As Forbes points out, the Mises Institute is a heavyweight in the online and social media world, generating more traffic than many freedom-minded organizations with much larger budgets.

Jeff Thomas at the International Man has an interesting take on Murray Rothbard’s admiration for Lao-Tzu. The founder of Taoism had little good to say about the philosopher-bureaucrats of his time.

 

Those in power are meddlesome …

The greater the restrictions and prohibitions,
The more people are impoverished.
The more advanced the weapons of the state,
The darker the nation …