Gun Control in the Third Reich: Disarming the Jews and “Enemies of the State”
Stephen P. Halbrook
Oakland: The Independent Institute, 2013, 248 pgs.
The Federal Reserve and the Financial Crisis
Ben S. Bernanke
Princeton and Oxford: Princeton University Press, 2013, 134 pgs.
Welfare and Old Age in Europe and North America
Bernard Harris, Ed.
London: Pickering & Chatto, 2012, 270 pp.
President Obama has threatened to impose costs on Russia for their intervention in Ukraine, but so far, his involvement has been high on rhetoric but low on action. Here’s a proposal that ought to hit Russia where it hurts: impose a food embargo on them. Americans and Europeans of a certain age can remember the costs they felt due to the OPEC oil embargo of 1973. People need food more than they need energy. Think of how much more we could pressure Russia with a food embargo.
My1 education in Austrian Economics began in earnest shortly before I started grad school at Washington University in Saint Louis.
It has been 40 years now since South Royalton conference on Austrian Economics. Already by the 25th anniversary, one participant had declared that conference to be the moment of rebirth for the school. (Vaughn, 2000) The number and youth of the participants at this 40th anniversary gathering confirms that Austrian economics is alive and well. But is alive and well enough?
ABSTRACT: This paper identifies merger waves as parts of Austrian-type business cycles. According to Austrian business cycle theory, when loan rates are reduced below their natural level through bank credit expansion, this falsifies the monetary calculation of capitalist-entrepreneurs, and investments are initiated that calculation showed were not profitable before the interest rate reduction.
