What About the Roads?
Something tells me Walter Block and many others will find this cartoon highly entertaining. 
A Sad End for Flashman?
I was pleased recently to read an article by Ira Katz extolling the virtues of Sir Harry Flashman, V.C. The Flashman Papers, a series of books written by the late George MacDonald Fraser, are a personal favorite. Unfortunately, one seldom sees any reference to this enormously underrated set of historical novels.
The Yield Curve and Our Weakened Economy
So far in August the differential between the yield on the 10-year Treasury note and the yield on the 3-month Treasury bill stands at 2.38 percent against 2.95 percent in December 2013.
Historically, the yield differential on average has led the yearly rate of growth of industrial production by fourteen months. This raises the likelihood that the growth momentum of industrial production will ease in the months ahead, all other things being equal.
Austrians, Fractional Reserves, and the Money Multiplier
John Tamny recently wrote a piece at Forbes titled, “The Closing of the Austrian School’s Economic Mind” in which he critiqued certain claims made in Frank Hollenbeck’s Mises Daily article, “Confusing Capitalism with Fractional Reserve Banking.”
Is This the Libertarian Moment?
Earlier this month the New York Times wondered aloud if the “libertarian moment” had arrived. A good question, to be sure.
To answer it, though, Times reporter Robert Draper sought out not quite the top libertarian thinkers in the world, but instead those people most easily reached within a ten-minute walk from the Capitol or the Empire State Building.
Is the UK a ‘’Nation by Consent’’?
From the Editors:
Today Scotland votes on a referendum concerning political independence from the United Kingdom.
New Book on Austrian Economics and Organization
A new book on Austrian economics that targets economic organization has been published at Palgrave Macmillan.Andy Duncan Explains The Charade of Independence for UKIP and Scotland
This is a transcript of Jeff Deist’s interview with Andy Duncan on Mises Weekends.
Jeff Deist: Ladies and Gentleman, welcome to Mises Weekends. I’m your host, Jeff Deist, and I’m very happy to be joined by Andy Duncan. Andy, how are you this evening in the UK?
Andy Duncan: Well, it’s very nice to be with you again, Jeff.
Joey Rothbard
Today would have been the eighty-sixth birthday of JoAnn Rothbard, the beloved wife of Murray Rothbard for forty-two years. In the dedication to America’s Great Depression, he called her “the indispensable framework,”and anyone who knew them could have no doubt why he said this.
