David Brooks, The Whigs, and Corporate Welfare
The NYT gets it wrong again. We are told the Whigs, the original crony capitalists, were the voice of the common man against a tyrannical government. Hogwash.
The Business Cycle and Macroeconomic Configurations
New from Associated Scholar Antony Mueller: Beyond Keynes and the Classics. Outline of the Goods Side/Money Side Model of the Business Cycle and Macroeconomic Configurations Antony P Mueller UFS - Federal University of Sergipe - Universidade Federal de Sergipe January 20, 2014
The Continuing Al-Qaeda Threat
by Ron Paul
Appearing last week before the Senate Intelligence Committee, Director of National Intelligence James Clapper testified that he could not say the threat from al-Qaeda is any less today than it was ten years ago. It was a shocking admission. Does he mean that the trillions of dollars spent fighting the war on terrorism have resulted in no gains? That those who urged us to give up some of our liberties to gain security have, as Benjamin Franklin warned, lost both?
Audio: Panic and Depression, Redux
Interviewed by host Alan Butler, Mark Thornton talks about the Panic of 1873 and the Long Depression that followed.
Bubble-Boom and the Necessary Role of Central Banking
In a perceptive comment on yesterday’s Daily, “Bernanke’s Legacy: A Weak and Mediocre Economy”, mkm writes:
The Wolves of Constitution Ave.
Over at Mises Canada today, I write about the real wolves lurking in the economy. By now many of you have probably seen the “Wolf of Wall Street”, the story of a fraudster who managed to swindle millions from his clients.
Video: Mark Thornton Explains the Latest GDP Numbers
Mark Thornton explains why the latest government GDP numbers are bogus.
Midwife to the Child Independence
James Otis, though “one of the most passionate and effective protectors of American rights,” is little remembered. The reason is sad. At the peak of his influence, mental illness took virtually everything from him.
