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.
By Murray Rothbard
Interviewed by host Alan Butler, Mark Thornton explains why the Crack-Up Boom phase of a fiat money collapse is one of the scariest economic phenomena in human history. Listen here.
By Laurence Vance
The so-called Bush tax cuts were, unfortunately, set by Republicans to expire at the end of 2010. Although they were extended, with modifications, and then extended again, with more modifications, this Republican blunder has led—like so many of their other actions—to an increase in the welfare state.
The International Monetary Fund is up to its mixed messages again. This time it´s a dire warning about Canada´s future.
The IMF has recently softened its outlook on Canada, warning that “”downside risks to the outlook still dominate, including from weaker-than-expected exports resulting from competitive challenges, lower commodity prices and a more abrupt unwinding of domestic imbalances.”
Interviewed by host Alan Butler, Mark Thornton discusses the current economic situation, the end of Prohibition, the Articles of Confederation, and several other interesting topics.
[After reading Peter Klein’s interview in Mises Daily today, you’re probably thinking to yourself: “I would love to read more on this, and I want to do it right now.” So, here is the full 3,000-word original version of the interview, thanks to eTalks. -ed]
