Krugman is not a fan of Robert Murphy, author of the Human Action Study Guide and The Politically Incorrect Guide to the Great Depression and The New Deal. Murphy will also discuss teaching for Mises Academy in the upcoming September issu
The Danger of an All-Powerful Fed or the Danger of a Central Banking: Cochrane and Cochran John H. Cochrane: The Danger of an All-Powerful Federal Reserve: ‘Macroprudential’ policy thinkers want central banks to micromanage the entire financial system. John P. Cochran: Can Fed policy get any worse?
This is a very valuable article about the changing nature of healthcare. Going forward in time you may not have great health insurance policies, higher deductibles and less coverage. In this case the guy saved $17,000 by not using his health insurance policy.
During their meetings, the members of the Federal Open Market Committee (FOMC) make monetary policy, but they also make each other laugh. This article studies the amount of laughter elicited by members of the FOMC during their meetings. The study finds that a member elicits more laughter if he or she expects higher inflation, other things being equal.
President Obama has recently addressed the issue of the declining affordability of higher eduction. Richard Vedder, a fellow traveler of the Austrian school, takes on the issue of the ever rising cost of higher education and declining standards of academic rigor here in the Wall Street Journal.
Steve Mariotti writes in The Huffington Post:
Paul Cantor, Mises Inst. Associated Scholar and author of The Invisible Hand in Popular Culture, and Literature and the Economics of Liberty, is featured in the Summer 2013 issue of The Hedgehog Review.
In the French daily Le Monde, Mark Thornton recently commented on the ongoing drive to build more and more skyscrapers in China. In a feature from the business section entitled “Les villes chinoises veulent toutes leurs gratte-ciel géants,” Le Monde takes note of the phenomenon that is the skyscraper-dense Chinese city, and specifically, the completion of Shanghai Tower, now one of the tallest buildings in Asia. According to Le Monde (loosely translated),
