From the Summer 2013 issue of the Quarterly Journal of Austrian Economics. [The Great Deformation: The Corruption of Capitalism in America by David A.

by Ron Paul

Last week Ukraine saw its worst violence since the break-up of the Soviet Union over 20 years ago. Protesters occupying the main square in the capitol city, Kiev, clashed with police leaving many protesters and police dead and many more wounded. It is an ongoing tragedy and it looks like there is no end in sight.

The current conflict stems from a divide between western Ukraine, which seeks a closer association with the European Union, and the eastern part of the country, which has closer historic ties to Russia.

In September of 2009, Judge Richard Posner, one of the creators of the sub-discipline known as law and economics, announced his conversion, at age 70, to Keynesianism. He had been a Chicago School economics advocate for over 40 years.  His confession appears here.

He had long been an advocate of property rights.

The Review of Austrian Economics, Vol. 4, No. 1 (1990)

The Review of Austrian Economics, Vol. 3, No. 1

The Review of Austrian Economics Vol. 9, No. 1 (1996)

Leland Yeager’s rejoinder “Salerno on Calculation, Knowledge, and Appraisement” (1996) merits a final word, because I believe it makes a subtle though very important concession to the argument made by Rothbard, Herbener, and myself regarding the function of the price system. Before addressing this issue, I will offer comments relating to two other points raised by Yeager in his rejoinder.

The Review of Austrian Economics, Vol. 5, No. 2 (1991)

The Review of Austrian Economics Vol. 6, No. 2 (1993)

February 19 is the Day of Remembrance for those who wish to recall that on February 19, 1942, President Franklin Roosevelt issued Executive Order 9066 authorizing military personnel to lock American of Japanese descent in concentration camps that are often euphemistically called “internment camps.”