That’s the effect of minimum wage laws, says John Egger today.

I had a enlightening exchange with an international economics professor recently about Marxist dogmas inserted into neoclassical economics. At least, her brand of them.

The New York Times reports on the thrilling, spectacular, amazing, happy happy news that the Communist Party USA has donated its complete archives to New York University. What a treasure trove of glorious history here!

I find Iraq news painful to read so I was glad for this summary of the current situation in Iraq, from Antiwar.com, but can you believe that author’s claim that “cuts to state subsidies” for industry contributes to inflation? Oh well, it still contains good information.

Thanks, Trade*ark law. Now, thanks to a recent court decision, auto *anufacturer B*W now owns the rights to the letter * (the one after L and before N—I’* afraid to use it since B*W now owns it). Even sillier than Apple’s claim to own “podcast” or even “pod”. Ah, *e. Thanks to To* Bernhardt)

In a high-profile research paper titled “Understanding the Evolving Inflation Process,” published recently, a group of private-sector and academic economists have endorsed the Fed’s policy of price stability and transparency as an important tool in keeping inflation at bay.1

To follow up and expand on the closing ASC session on graduate school, I wrote up this short list. I hope those interested will find it helpful.

Tyler Cowen has written a provocative essay: The Paradox of Libertarianism. According to Tyler, the pursuit of libertarian ideals has led to the unintended consequence of expanding government. The logic of his argument is simple. Every time libertarians win an argument, politicians cease to do particular stupid things. When government ceases to do as many stupid things, our demand for government goes up, because it works better.

At the Austrian Scholars Conference this weekend we had the good fortune of hearing from Gerard Casey of University College, Dublin, speaking on the long tradition of statelessness in Ireland. A bunch of us wondered how someone so knowledgeable within the Rothbardian tradition could have completely escaped our notice until now.

Yes, it sounds very much like Rodney King, but it is a question the War Party never wants to answer as they do not want to play by the market’s rules as Jacob Hornberger has illustrated with regard to the U.S.