Christine Fard discusses her experiences at Mises University and explains Austrian Economics:

Listen in to hear Mark Thornton’s interview with Scott Horton today:

Mark Thornton, Senior Fellow at the Ludwig von Mises Institute, discusses life in crony-capitalist America, where Wall Street gets bailouts and interest-free money and Main Street is stuck with Obamacare, food stamps and persistent unemployment. Duration: 28 minutes Listen here. 

Buried in Kevin Warsh’s “Finding Out Where Janet Yellen Stands” in today’s Wall Street Journal, where Warsh “highlights─and then questions─some of the prevailing wisdom at the basis of current Fed policy”, is a short statement which illustrates the growing, but seldom acknowledged, influence of the ideas of Mises and Hayek on current thinking on monetary policy.

. . . and make the results public, say 74% of Americans in a national  telephone survey conducted by Rasmussen Reports.

HT to Mike Stern of Auburn University.

Copyright originated hundreds of years ago as a legal and economic tool meant to protect and incentivize artistic creations. Indeed, the concept is explicitly listed in the United States Constitution as a means of securing for authors the exclusive right to their writings. However, copyright’s applicability wasn’t always so clear when technological advancements occurred at a faster pace than legislative amendments. The artistic creations that the Constitution described had been first and foremost a reference to literature and other written works.

Check out these slides for the Age of Crony Capitalism, an online course on David Stockman’s book, The Great Deformation. The instructor is Robert Batemarco, an economist who has worked with Rothbard! Course starts tonight. Sign up here.

Slideshow

A recent New York Times article bemoans the rise of populist parties in European countries, which are stridently nativist and nationalist. In Denmark, some polls show that the Danish People’s Party is now more popular than the incumbent Social Democrats.