Mises on Fascism, Again
Here we go again.
Here we go again.
Mark Merritt, president of crisis-management consulting firm Witt Associates, said the hurricane should provide a bump in economic activity over the next few months.
“After a disaster, there’s always a definite short-term increase,” Merritt said. “There will be furniture bought, homes repaired, new carpet, new flooring, all the things affected by flooding.”
It is obvious to everyone but the most dedicated adherent of Keynesianism that the stimulus did not accomplish its end.
I recently stumbled across an old blogpost of mine about a fascinating legal squabble I learned about when I lived in Philadelphia. This concerns the infamous Holdeen Trusts, and a series of cases and legal disputes centered around these trusts. I learned about it in an article in the Philadelphia Inquirer by L. Stuart Ditzen, “Quiet Finish To A No-tax Dream Visionary’s Plan To Wipe Out Pa. Taxes Ends After A 50-year Legal Fight,” (Oct.