Opening comments presented at the Mises Institute’s High School & College Seminar: “Inflation: Causes, Consequences, and Cure,” April 11, 2014.

Good morning and welcome!

My name is Jeff Deist; I’m president of the Mises Institute.

Thank you for coming, and congratulations!

Congratulations? Why congratulations, you might ask?

Here’s an even-handed and brief summary and analysis of the recent debate over who has the superior interpretation of Mises: Rothbard or Machlup. For background:

Joseph Salerno: Mises, Rothbard, and Machlup

David Gordon: Mises and the Diminished A Priori

From The Tom Woods Show:

By Dan Sanchez

Note: This review contains spoilers.

Noah, commenting on “For More Jobs and Stability, Set the Economy Free”, points to second important observation in the linked commentary by Kevin Warsh – the spillover effect of Fed Policy, with significantly negative long run consequences, on the world economy. From his comment:

The piece by Kevin Warsh that was linked in the article (“Finding Out Where Janet Yellen Stands”) included this important observation:

The French government has long been a big fan of human rights. Of course one man’s rights are another man’s obligations.

By Butler Shaffer

Before anyone jumps to the conclusion that I am insensitive to the fate of the 239 persons aboard Malaysian Airlines Flight 370, and to their families and friends, let me assure you that I empathize as much as others with the suffering inflicted upon these people. But there is something more significant about the presumed deaths of these 239 persons.