WSJ: “What Really Drove the Children North”
On July 14, Mark Thornton’s Mises Daily article explored how Drug War violence in Central America was a major factor in creating the child refugee crisis on the southern US border.
Update on Toshio Murata, student of Mises in 1959-60
Toshio Murata was a student of Mises in New York, and translated Human Action into Japanese. He is almost single-handedly responsible for creating an Austrian/Misesian movement in Japan. Marc Abela of Mises Japan sends us this update, along with some photos of this amazing man recently giving a presentation at age 90: 
Politician Rejects Award from Us Chamber of Commerce For the Wrong Reasons
Congressman Kerry Bentivolio of Michigan has declared that he doesn’t want an award from the US Chamber of Commerce, which he says isn’t really devoted to “free enterprise.” So far, so good. The US Chamber of Commerce is indeed anything but devoted to free markets as is obvious from its frequent support for corporatist programs from the “stimulus” to the auto bailouts to No Child Left Behind.
Tom Woods: The Role of Austrian Economics in the Liberty Movement
The opening lecture of the 2014 Mises University. Archived from the live broadcast from the Mises Institute in Auburn, Alabama, on 20 July 2014.
Now in Italian: ‘How Consumers Rule In a Free Economy’
Chris Westley’s article explaining how Carl Menger put consumers front and center in determining value has been translated into Italian: “I consumatori sono i re in un’economia di libero mercato.”
Shinzo Abe Got His Butter, Now Wants Guns
The guns and butter model is used by economists to contrast the costs of spending resources on domestic-economy amenities (butter) or on foreign policy and war (guns). Every government knows, however, that if it plays its cards right, this need not be one or the other. Indeed, the United States with its central banks and its high worker productivity has perfected the art of spending endless amounts of taxpayer money on both guns and butter.
Full Photo Album for Mises U 2014
We’re still adding photos there, but you can see what’s been added so far at our Picasa page for Mises U 2014.
