Keynes to FDR
Under Literature, new issues of American Affairs are being added, in particular this one from 1946, which runs a letter from Keynes to FDR. I find it very bizarre really. I had never seen this before:
Under Literature, new issues of American Affairs are being added, in particular this one from 1946, which runs a letter from Keynes to FDR. I find it very bizarre really. I had never seen this before:
Unsurprisingly, the latest missive from the Doomsday cult of tax-exempt Phyllakes plays up the supposed horrors of ‘climate change’ for all it’s worth, before strongly recommending that we ‘Rich’ people bear most of the costs of their megalomania, neatly employing a weepy-eyed catchphrase - “Human Solidarity in a Divided World” which they know will appeal to anti-capitalist journos, to the MTV generation muddle-heads, the celebrity serial child-adopters, and the billionaire rock-sta
In the Q-and-A after his testimony to congress, CNBC reports that Bernanke suggested raising the conforming loan limit to $1 million. The conforming limit is the maximum size of individual mortgage that can be pooled into a mortgage-backed security to be eligible for purchase by one of the housing GSEs (Fannie and Freddie).
That’s the nickname of the Boston area, a nickname that appears to be applicable once more. Massachusetts looks to be the forefront of another revolution: the revolution to end the income tax. Last week, the Patriots over at the Center for Small Government reported that 100,000 signatures were delivered for validation and certification. This is another step in the arduous process to gain ballot access. Should the issue pass, the income tax in Massachusetts is done ... stick a fork in it.
[In his 20s, Murray Rothbard wrote a newsletter called The Vigil, in which he wrote the following review of William F. Buckley, Jr., “A Young Republican View,” The Commonweal, January 25, 1952.]
The Mises Institute is very pleased to re-issue Professor Roy Cordato’s book on efficiency in the Austrian tradition. The problem of externalities and efficiency is cited relentlessly in mainstream literature as the great rationale for government intervention. The Austrian tradition, however, takes another approach, viewing these supposed problems as having market solutions that depend on a view of economics rooted in an understanding of the competitive process.
Reason Papers No. 29 (Fall 2007) will hit the presses next week; selected contents are available online. This issue contains articles by, or about, Walter Block, Hans-Hermann Hoppe, Tibor Machan, and Loren Lomasky. The full content of No. 27 (Fall 2004) has also now been put up online, including the full issue. Contents:
The recent Liberty Dollar raids raise the question: Why can’t people use any currency they want?
This lament is often heard today about medicine and education, among other fields. Business, however, is the last thing medicine and education have been turned into. Bureaus of the government would be a more accurate description. Why the confusion between bureaucracy and business? The simplest answer is that most people do not understand the difference between the two.