Regulate It First, Learn About It Never
People are generally aware of the positive power of compound interest when deferring consumption in favor of productive investments. But more important when it comes to public policy is the destructive power of compound ignorance.
Justin Raimondo: Against the War Machine
Dr. Mark Thornton: Wikipedia and Spontaneous Order
Manufacturing Consent, Then and Now
[When it comes to drumming up support for foreign wars in the US, little has fundamentally changed over the past century. Justin Raimondo on “Progressivism and the rise of the welfare-warfare state”:]
New ‘Mises Daily’ Translations from Europe
Some new ones in Polish:
“Różnice nie zawsze oznaczają dyskryminację“ translated from “Differences Don’t Necessarily Equal Discrimination” by Andrew Syrios
Mark Thornton at the Wisconsin Forum
Mark Thornton spoke on drug prohibition at the Wisconsin Forum yesterday.
Thanks to Peter Eggert for the photos:
Mark Thornton Audio: The ‘Seasonal Adjustment’ Scam
Mark Thornton and Alan Butler have a lively conversation about seasonal adjustments to economic numbers and the FOMC’s latest. Thornton’s interview begins at 1:35:00.
Mises vs. the Austro-Marxists
[caption id=”attachment_12130” align=”alignright” width=”131”]
Rudolf Hilferding[/caption]
Paul Krugman isn’t the first economist to project his own faults onto opponents: adversaries of Austrian economics have been doing it since the early days.
Rudolf Hilferding[/caption]
Paul Krugman isn’t the first economist to project his own faults onto opponents: adversaries of Austrian economics have been doing it since the early days.