Leading Keynesian Economist Uses The “D” Word
Most Keynesian economists do not want to admit that we are in another depression. They find the word painful.
They find it painful because it contradicts the idea that Keynesian economic ideas have ended depressions forever. It also contradicts the idea that the massive and continuing Keynesian stimulus applied by world governments since 2008 has worked. For this and other reasons, euphemisms such as the Great Recession have been embraced not only by Keynesian economists, but by their allies in government and in the mainstream press.
Conservative Incoherence on National “Defense”
Must Free-Marketers Reject Global Warming?
You can’t make this stuff up. Someone at the UK Guardian named David Grimes has declared that “economic liberalism,” by which he means the ideology of laissez-faire, “clashes” with “scientific evidence.” Which scientific evidence, you might ask? Well, the unassailable scientific dogma of global warming is one:
The Johnson Center at Troy University
The Johnson Center at Troy University has two Mises alums and former Fellows on the faculty: Malavika Nair and G.P. Manish. Have a look at the center’s new video:Writes Malavika Nair: “We are getting a Masters program next fall with a focus on Austrian economics and liberty so there’s exciting stuff happening!”
The Mises Circle: An Informal Talk
Hoppe on Entrepreneurs and Thornton on the Drug War in The Free Market
The August Issue of The Free Market Is Now Online! Hans-Hermann Hoppe is back with a new lecture on the social virtues of the entrepreneur this month:
Higher Education: Where The Customer Ain’t King
http://atlanta.cbslocal.com/2014/08/26/professor-bans-college-students-from-saying-bless-you-in-class/
Imagine hiring a private tutor, and then, after the fact, the tutor decides that in addition to the regular course work, you must watch a video of a propaganda speech by some politicians. This is of course no different, from higher education adminsitrators deciding that students must sit for an extraneous speech by some bureaucrat. Except in the case of the higher education, the organization is spending six figures to bring in the speaker.
Working in Ron Paul’s Congressional Office
Steve Forbes Misunderstands Money
A recent column by Steve Forbes on money is a peculiar mixture of insight and error. Forbes rightly says, “The blunt truth is that an active monetary policy has never, ever led to sound, sustainable growth.