The Duty to Be Free
By remaining in the old world, we could have been not only secure, but even free of the need to be responsible. Instead, we chose the freedom, the liberty, the independence and the inalienable right to responsibility.
Math for Economics in Grad School
Reddit has a fascinating thread on the math requirements for PhD studies in economics, beginning with a link to a math camp at Yale for econ, and then followed by commentary and critiques.
Freedom Is Indivisible
Now that our country is expected to be the foremost champion of the “free world” (for how long and at what cost nobody knows), it has become more important than ever for Americans to think clearly about American freedom.
1929: Then and Now
Reassurance from the planners of governmental intervention may seem soothing and acceptable to many political leaders and followers. But it is a frightening thing to those who know the lessons of economic history.
Banking and the Business Cycle
I know of no better book on the economic dynamics of the 1920s boom and early 1930s bust in the United States. If I could recommend only a single book, this is the one.
The Pleasures and Sorrows of Work
What de Botton captures so artfully is how important work is to our lives. The paychecks pass through our fingers; where the money goes we can’t remember. But we remember all of our jobs.
Does Loose Monetary Policy Cause Economic Growth?
At the Federal Reserve Bank of Kansas City’s annual economic symposium, held in Jackson Hole, Wyoming on August 21, 2009, Ben Bernanke expressed satisfaction with the action that his administration undertook to save the financial system. According to Bernanke,
History is full of examples in which the policy responses to financial crises have been slow and inadequate, often resulting ultimately in greater economic damage and increased fiscal costs.
Penalties for Music Piracy
This blogger demonstrates that the penalties are higher for downloading music online than for child abduction, stealing actual CDs, robbing and mugging someone, setting someone’s house on fire, stalking, and even murdering in a 2nd class way.
Left-Libertarians on Rothbardian Abandonment
In Chartier’s Conscience of an Anarchist I mention an interview law professor and libertarian Gary Chartier gave.
The Porn Bust
Pornography is everywhere. The great irony here is that many in that business don’t like it this way. Faced with an economic bust combined with unstoppable pirating, they gone from riches to rags.
