Let Them Drink Decaf With Their Cake! Incremental Progress and Standards of Living
Happiness, thy name is coffee.
Happiness, thy name is coffee.
George Reisman does not (fully) understand the libertarian view on free speech.
I was in a Christian bookstore earlier today and noticed a couple of titles ringing alarm bells and tying fears of economic collapse and the end of oil to end-times prophecy. One of the reasons I love economics is that it forces us to be honest with ourselves about our beliefs.
In the latest edition of Radio Free Market World Report, Mises Daily author Andy Duncan talks to Mises Daily author Roman Skaskiw about the global secession movement and particularly how this applies to the United States and the European Union.
Austrian economics often focuses on the vital role the entrepreneur plays in driving the economy, through the constant arrangement of the capital structure, in order to provide consumers with a constant stream of goods and services. But the question of what happens when government tries its hand at the same function of ownership, uncertainty-bearing, and decision-making is not addressed much in Austrian theory (see the literature review in the link).
Please help us move forward in 2012 to wipe the floor — intellectually speaking! — with the Keynesians, the socialists, the fascists.