In his recent appearance on RT, Lew Rockwell discusses the upside of government default.  

“. . . and That’s Terrifying,” writes Brendan Brown in the title of his recent Forbes op ed. According to Brown, Yellen is simply another in the line of deflationphobes and monetary authoritarians who have run the Fed in the last 20 years and are eager to please their political masters.

In a remarkably rambling article, minor Beltway pundit and dabbler in economics, Bruce Bartlett (M.A. History, Rutgers University) has taken to listing and trying to smear real scholars in economics who do not share his hysterical government default-phobia. Well, I have another eminent economist who may be a candidate for his hit list.

Not surprisingly, the work of this week’s new Nobel prize winners have been the subject of several critiques here at the Mises Institute:

Today’s Mises Daily article on Robert Shiller’s pro-government enthusiasm is a simplified version of Howden’s book review from The Quarterly Journal of Austrian Economics.

Bruce Bartlett is shocked to discover that a few economists, Murray Rothbard and myself included, are not default alarmists. His latest New York Times column is a strangely disjointed, hackneyed piece that simply lists people who have doubted the conventional wisdom that America Must Not Default at All Costs.

Here I discuss how Free Market Environmentalism is not a contradiction. I argue that adhering to strict Property Rights is best for the environment. I explain The Tragedy of The Commons which is essential within this topic of Free Market Environmentalism. I provide historical examples to buttress the market fighting pollution and species endangerment. I also refute The Malthusian Theory on Slavery which ties in with The Tragedy of Commons and elucidates relevant incentives in this discussion.

Guest Post:The Great Nobel Heist of 2013
By David Howden

Mark Thornton discusses the three American winners of the 2013 Nobel Memorial Prize in Economic Sciences.

Several commentators have taken me to task, on mises.org and on social media, for suggesting that a T-bill is “a bond just like any other bond.” Don’t I know that Treasuries are the world’s reserve, “risk-fee” financial asset? Don’t I know the US dollar is the world’s reserve currency?