Now in mailboxes is the November issue of The Free Market, the Mises Institute’s monthly, featuring new articles on Sweden’s great depression and a wide-ranging interview discussing the progress of the Austrian Economics movement in Japan. On the front page, Per Bylund examines how Sweden, by shrinking its government in the 1990s, saved itself from a longer depression:

Not all of the arguments here are correct, but it shows you the declining validity of government statistics for real life. It is true that we obtain tremendous value from all the free goods of the digital age such as apps, Twitter, and Facebook and are not measure in GDP. However, they do forget to mention that Apple, Twitter, and Facebook do “spend” money into GDP when they buy things, hire workers, and pay the power bill. There ain’t no such thing as a free app.

This is an adaptation of chapter 10 from Hunter Lewis’s book Crony Capitalism in America: 2008–2012, available in the Mises Store.

During the presidential campaign of 2012, an online commentator observed that President Obama had not met with his Jobs Council for six months. How could this be, the commentator asked, when jobs were foremost on the president’s agenda? The answer was not hard to discover.

David Stockman, author of The Great Deformation, describes the nature of Housing Bubble II: “Bubbles are breaking out everywhere.”   Watch the latest video at video.foxbusiness.comIt’s also significant that Cavuto refers to the current situation as “good times.” I have no doubt that is true on Wall Street, but millions of Americans, including the mill

In a speech in the European Parliament during a debate over the “problem” of tax avoidance in the European Union on November 21st.

Post Crash Economics Society want more Keynes and Marx to cure society’s ills. “Few mainstream economists predicted the global financial crash of 2008 and academics have been accused of acting as cheerleaders for the often labyrinthine financial models behind the crisis.