Thorstein Polleit has an article coming up on MIses.org, and it quotes Mises in a way that is just too interesting not to blog ahead of time, however tacky it might be for me to loot a forthcoming article of some of its best material:
The recent takeover of Anheuser-Busch by the Belgian company InBev has raised the usual set of fears about the alleged takeover of the American economy by foreigners. Perhaps it is because Anheuser-Busch produces iconic American brands, but the public reaction to the takeover exhibits the voter biases identified by Bryan Caplan in his 2007 book The Myth of the Rational Voter: anti-market bias, anti-foreign bias, make-work bias, and pessimistic bias.
In a previous article, I showed that the proposals to curb “excessive” speculation in oil futures markets were based on ignorance of how the market coordinates production and consumption over time. In the present article, I will explore the issue of opening up the Arctic National Wilderness Refuge (ANWR) to oil drilling. We’ll see once again that even friends of the market often don’t fully understand its power to fix problems.
Tom DiLorenzo, in his new book, Hamilton’s Curse: How Jefferson’s Archenemy Betrayed the American Revolution - And What It Means for Americans Today (see his The Founding Father of Constitutional Subversion), shows how Hamilton helped to subvert the superior (and more libertarian) Jeffersonian interpretation of the Constitution.
Well, how about that? In an interview for Britain’s Daily Telegraph on a lot of other subjects, Antonin Scalia offered, perhaps without invitation, his opinion on the prominence of laws and (hence) lawyers in his country. It’s at the very end of this article, and he notes that law is the major seemingly chosen in college by all of America’s best and brightest.
