This is brilliantly done. Topic for discussion: what is Papola (who, it is clear now, is a creative genius) trying to say by structuring the outcome of the fight the way he does?
The way Hayek’s “Who plans for whom?” question is worked in as a lyric is superb. The question is the topic of an entire chapter in Road to Serfdom, which is the subject of an upcoming Mises Academy course.
At $3 a pop, these little things seem like a rip-off. Yet consumers keep buying under the right conditions: mostly sports events for kids. What’s more, competition isn’t pushing the price down. Let us see how this all makes sense from an economic point of view.
Technology is the enemy of bureaucrats and dictators. By freeing people from centralized control, technology gives them power over their own lives.
It “was not inevitable,” writes Goldfield. Rather, it was “America’s greatest failure.”
Fed chairman Ben Bernanke fielded softball questions from reporters today. Here are the 20 questions asked.
I would like to see him answer questions from this group: Ron Paul, Gary North, Peter Schiff, George Selgin, and Joe Salerno.
When unions oppose the general policy of extra pay for extra work, as under incentive or piecework payment, they are merely extending the practice of featherbedding.
