[From “The Exhaustion of the Reserve Fund” in Human Action, chap. 36.]
Daniel McAdams, executive director of the Ron Paul Institute, and author of this piece on the Libya War at Mises Daily, injects some sound analysis into the debate at RT TV.
I was interviewed today on RT TV about Bitcoin and the reasons it has soared in price to over $1000 per Bitcoin. It is both greater acceptance by vendors and governments as well as the world wide currency war and worry of war in the Middle East, especially in Iran which is in a hyperinflation that is driving the price higher. The Mises Institute can take donations in Bitcoin and you can also make purchases in our bookstore with Bitcoin.
Mark Thornton is available for interviews. Send him email.
Hemp is a plant from the cannabis family that is often closely associated with marijuana. Marijuana or Cannabis indica and Cannabis sativa can contain high concentrations of tetrahydrocannabinol (THC) which is a psychoactive component of marijuana, along with a large number of other cannabinoids. THC is the primary reason why humans have used these two forms of cannabis medicinally, recreationally, and ritually for a few thousand years.
I have been talking about the Housing Bubble in Norway for a while and about one year ago I wrote an article here. The story was picked up in by a variety of publications including here. It turns out that the bubble has spread over the entire Nortic region.
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Guest Post
Team Player: Robert Shiller on Finance as Panacea
Book Review by John Staddon
Shiller, Robert J. Finance and the Good Society. PrincetonUniversity Press. 2012. 304 pp.
The highly publicized glitches and failures associated with the launch of the Affordable Health Care Act have obscured the central role of the IRS in carrying out the law’s mandate. Stripped down to its essentials, Obamacare is not an “insurance” plan at all. It is rather a naked redistributionist scheme to coerce the young and the healthy into paying for the healthcare bills of the elderly and the sickly. This means that some agency had to be enlisted to penalize the young and healthy who refused to willingly participate in their own fleecing.
