When the FDR administration created Shenandoah National Park, federal agents confiscated the homes and lands of thousands of Virginians. 

James Bovard writes: 

The Birth of Korean Cool, by Euny Hong, Picador Press, 2014

Three weeks from today, on Thursday, March 12, the Austrian Economics Research Conference begins in Auburn, Alabama.  There’s still time to get a reasonably-priced airline ticket to the Atlanta airport and join us in person. We’ll also be broadcasting the named lectures. Click here for registration information. 

Mises Daily Thursday by Frank Shostak: 

The FOMC released  its minutes from the December meeting, yesterday. The main thrust of the minutes were this: 

1. The economy is strong.
2. So a 0% to .25% target rate for the federal funds rate sounds about right. 
3. 2% CPI inflation or bust! 

Here’s the full text. 

Says HousingWire: 

I always have mixed feelings about quoting Alan Greenspan. He’s a smart guy, but it’s hard to know if he’s making an observation that he really believes to be true, or if he has some other motive. His usual motive — as explored by Frederick Sheehan in his book on Greenspan — is self promotion.

Many economists and other analysts have recognized that the recovery from the U.S. economy’s most recent contraction has been unusually weak—weaker, for example, than any other since World War II. But analysts have disagreed in characterizing the current recovery, which according to the National Bureau of Economic Research, the semi-official arbiter of business-cycle chronology, began in mid-2009 after a contraction that had continued for ten quarters. Some aspects of the economy, such as real GDP and consumer spending, have recovered their pre-recession highs and continued to increase.