VIDEO: Peter Klein Explains the Basics of Government-regulated Healthcare
Peter G. Klein explains how “Healthcare” would work, if it functioned in a free market.
Keynes’s Ghost Continues To Haunt Economics
The Keynesian promise of prosperity springing from massive government spending is attractive to politicians, economists, and public intellectuals.
How the World Was Made Safe for Crony Capitalism
The state rarely misses an opportunity to use crisis to its advantage and crony capitalism has become one of the largest benefactors of government fixes.
The Economics of Writing Poorly
In a brilliant and entertaining new book, aptly titled Learn to Write Badly: How to Succeed in the Social Sciences, Professor Michael Billig explains why social scientists typically write so poorly. For Billig, who is not an economist, the main point is simple economics:
If we want to understand why academics today write as they do, then we should bear in mind one simple fact: in current times academics are writing and publishing as part of their paid employment.
More “inflation” does not help the economy
The New York Times and news outlets around the world continue to push the idea that higher inflation (of prices) is what the global economy needs. It is suppose to help governments, businesses, households, and jobs. This is nonsense of course. I address this issue in this interview on the Butler on Business on Business Show this week. John Cochran addresses the issue on this blog as well.
Cronies of Hillary
In the past week Hillary Clinton netted a tidy $400,000 from two speaking engagements at Goldman Sachs-sponsored events. In July and September of this year she spoke at events hosted by private-equity firms KKR and Carlyle Group, respectively. Crony capitalism just keeps rollin’ along.
Peter Klein to Speak in South Africa
Thomas Woods Explains How to Roll Back the State
LRC yesterday posted this transcript of this podcast with Senior Fellow Thomas Woods. Among other things, Woods notes the tactics employed to ensure that military spending keeps flowing without fail:
Not Enough Inflation Revisited
With the coming anointment of Janet Yellen as Fed chairwomen and the return of Tobin Keynesianism to the leadership of Fed the calls are coming from many of the usual suspect for more inflation as a cure for unemployment. Sheldon Richman responds with “Inflation is the Last Thing We Need.
New Spanish-language Resources
Instituto Mises Hispano has some new translations: The Institute has posted a translation of Ryan McMaken’s Mises Daily article on government-controlled water: “Subvenciones y escasez de agua en el oeste americano.” The institute has also added Spanish subtitles to this video: Liberty and Economy on the work of Ludwig von Mises.
