Steve Hanke is a maverick free-market economist who for decades has tirelessly advised de-socializing and developing countries against following the disastrous monetary and fiscal policies foisted on them in exchange for bailouts by international bureaucracies like the IMF and World Bank. Hanke’s latest efforts have been directed toward debunking inflation statistics fabricated by governments of developing countries that are trying to cover up the consequences of their highly inflationary or even hyper-inflationary monetary policies.

This quotation appeared on my Facebook page (lifted from Robert Higgs and sourced as Psalm 26:11) and is dedicated to  Keynesians of all stripes:

“As a dog returneth to his vomit, so a fool returneth to his folly.” Psalm 26:11.

      Once upon a time, before Hitler, Stalin, FDR, Juan Peron, and even before Mussolini and Lenin came on the world scene, there lived a man named Dr. Karl Lueger (1844–1910), who was protector of the common man a proponent of social justice, and the mayor of Vienna from 1897 to 1910. Not simply just a mayor, Lueger was a symbolic figure—a prototype of the twentieth- century populist politician who passionately fought for the “little people” and mastered the arts of making propaganda, courting nationalism, and promoting the public welfare.

As a Swede currently living in the United States, with actual experience of Swedencare, I must reply to the delusions propagated by professor Robert H. Frank in his June 15 article in the New York Times, titled “What Sweden Can Teach Us About Obamacare.”

Murray Rothbard argued persuasively against the Whig theory of history (1, 2, 3), and of intellectual history, in which events or ideas are portrayed as steadily and consistently improving with little room for detours, controversy, and backtracking. Peter Temin, the distinguished MIT economic historian, also worries that modern economics has become too Whiggish.

Hayek on Keynes:

[This is the second of a two-part analysis of ethical and legal questions pertaining to whistleblowers who expose government wrongdoing. The first part, “The Ethics of Whistleblowing” is available here. This second part goes beyond contractual considerations to look at government ownership of information and government oversight mechanisms.]
 

Here is my interview with Reason TV on the rising potency of marijuana.

[This is Part I of a two-part analysis of ethical and legal questions pertaining to whistleblowers who expose government wrongdoing. The second part of the analysis is here. In this first part of our analysis we look at the principles of contract and confidentiality as applied to whistleblowers who expose government wrongdoing.]