Mises.org readers were alerted to the housing bubble in Norway in January 2013. It now appears that the bubble is starting to crash.

While some Austrian influenced economists such as Peter Boettke are predicting “With Keynesian Yellen at the Helm, Expect More of the Same,” there are good reasons to believe monetary policy, from a sound money perspective, could get considerably worse than the Bernanke version of “Mondustrial

This week 84 years ago just 35 days after the stock market crash of 1929, the 400 room Baker Hotel opened at Mineral Wells in Palo Pinto County, Texas. The fourteen-story Baker Hotel was the first skyscraper built outside a metropolitan area. The hotel was only profitable during wars (there was a military base nearby) and during political conventions held at the hotel.

Associated Scholar Per Bylund writes:

In this episode of the Mises Academy Podcast, Tom Woods interviews Danny Sanchez, Director of Mises Academy, who explains Ludwig von Mises’ approach to economics. Here it is in Youtube format:

Today is the 240th anniversary of the act of civil disobedience against taxation, corporatism, and colonialism known as the Boston Tea Party. The economics of the situation that precipitated the event were quite complex, however, and about more than a simple tax increase on tea. As noted here by Edmond Bradley, a monopoly over the tea trade had been granted to favored corporate interests by the British Crown, which made the price of tea artificially high to begin with.

I just came across a new book, Economic Thinkers: A Biographical Encyclopedia, edited by David Dieterle. I was suspicious when I saw Bernanke and Greenspan on the book cover, but the book covers a wide range of economists in terms of time and philosophical outlook. Each of the entries is meant to provide an introduction to the “economic thinkers” for the general reader.