What Happens When the Public Realizes Inflation Will Get Worse
[Excerpted from Human Action, Scholar’s Edition, pp. 423–425]
Should We Believe the GDP?
Just because the government crunched numbers and the result came out positive means we are all better off? None of the 15.7 million unemployed Americans is thinking the recession (Great or otherwise) is over.
Milton Friedman on Intolerance, Liberty, Mises, Etc.
In a blog post here a few years ago (Friedman and Socialism), I mentioned a 1991 Liberty article by Friedman that I remembered where he said he was in favor of liberty and tolerance of differing views and behavior because we cannot know that the behavior we want to outlaw is really bad. In other words, the reason we should not censor dissenting ideas is not the standard libertarian idea that holding or speaking is not aggression, but because the we can’t be sure the ideas are wrong.
The Market Can Regulate Automobiles
The free market possesses the means to regulate itself. Automobiles are not too important to be left to the free market to manage. They are too important to be left to government.
DeLong’s Stimulus Accounting: A Deconstruction
Ever since the Obama administration released its report detailing the number of jobs “saved or created” from the $787 billion stimulus package, cynics have been having a field day playing with the numbers.
The Market for Soda
A wonderful video recommended by Sean Malone
Margit’s Years with Ludwig von Mises
Margit von Mises’s book about her husband, is, first of all, a deeply tender memoir of the human side of a genius. Though Mises was “Lu” to his devoted friends such as Henry Hazlitt and Larry Fertig, he was not a man to court intimacy.
The ABC’s of Bias: Puma, Crude Oil, and You
Attention airline passengers: Not only do you have to pay extra for your luggage, your meal, and your headphones, you now have a dress code on United Airlines. But that shouldn’t surprise you. The airlines industry in general has been mismanaged for decades, including being overwhelmed with high labor costs and being laden with debt…just like the Big 3.
“Man alone is an end unto himself.”
November 7 marks the 1913 birth of Albert Camus, 1957 winner of the Nobel Prize in Literature for work that “illuminates the problems of the human conscience in our times.” Those times were ones where the specter of tyranny loomed large during World War II and its aftermath, until his accidental death in 1960.
A Libertarian Take on Net Neutrality
The cool, hip techno-pundits are usually reliably Obama-liberal/libertarian-lite types. A bit California-smug, engineer-scientistic, anti-principle, anti-”extreme.” But okay overall. A soft, tolerant, whitebread bunch.
On the last This Week in Tech, I was pleasantly surprised to hear the always interesting Jason Calacanis voice support for nuclear power; and even more surprised to hear soft-liberal host Leo Laporte echo mild agreement with this. Good for them!
