Inequality and Envy
Inequality seems to be the prime concern of Right Thinking People everywhere. But almost no one is drawing out the connections between inequality and envy.
Chances Are that You Have No More Expertise in Economics than You Have in Astrophysics
Although the statement is commonly attributed to Mark Twain, his friend Charles Dudley Warner was the one who said, “Everybody complains about the weather, but nobody does anything about it.” Regardless of who said it, the statement was and remains fairly accurate.
Mises Weekends: A New Series of Interviews Hosted by Jeff Deist
Beginning Friday night, Mises Weekends will bring you a new show every week featuring timely interviews and discussions on current trends and events with journalists, scholars, entrepreneurs, and more.
More on Grad School
I appreciate Walter’s useful advice on surviving graduate school as an Austrian economist or libertarian or both. (I’ve also discussed graduate school strategies, and more general career issues, at Mises University; here is a talk from 2010.) I do have one disagreement, however. Walter writes: “Don’t take any part time jobs; don’t be anyone’s research assistant. Don’t be a teaching assistant.
Janet, Joe, Lou, and the Babe
Our money-printer-in-chief, Janet Yellen, gave the commencement address at NYU’s graduation ceremony in Yankee Stadium. She advised the 8,000 assembled graduates that it is ”an unfortunate myth” that “something called ‘ability’” has much to do with success.
Advice for Grad Students
At Loyola University, my colleagues and I have been very successful in sending off numerous of our graduating economics majors to graduate school, to get a phd in economics. Here is some advice I offer them, which might be helpful to others as well:
Advice for grad students (some of this advice is personal to me; take what makes sense to you and ignore the rest):
1.Your goal is to get that phd, asap. Don’t let anything interfere with that, if at all possible. If you need money, take out loans, don’t work and let that interfere with your studies.
How Political High Jinks Prevent Private Savings and Investment
“The Death of French Savings, the Russian Bonds Story 1880-1996″ By Antoine Clarke
Austrian Economics and the Firm
Nicolai Foss and I have worked on many projects together, including our 2012 book Organizing Entrepreneurial Judgment. Foss is an eminent scholar whose expertise ranges from strategic management and entrepreneurship to Austrian capital theory, human resource management, business model innovation, and many other subjects. (Here is his 2012 Hayek Lecture at the AERC.)
Audio: Mark Thornton Explains Nazi Gun Control
Interviewed by host Alan Butler, Mark Thornton discusses gun control in the early days of Nazi Germany.