Murray Rothbard R.I.P.

I was just going through my files and came across the postcard I received from the Rothbard Rockwell Report in January 1995 announcing the death of Murray Rothbard on January 7, 1995. Then I realized that today is January 7th. Please, a moment of silence.

Role Playing Games and Money

I came across this old thread in the Austrian Economics forum, and I thought some of the older folks who read this blog (but not the forum) might be interested in this description of what happens in a “Massively Multiple Online Role-Playing Game” (MMORPG) when the setup allows for injection of monetary units whenever someone’s agent kills a monster and (I think) the computer randomly picks an amount of money that the monst

Mises at the AEA Meeting?

The thoughts of Ludwig von Mises will not be completely absent from the American Economic Association’s annual meeting this year. Besides a session on “Buchanan and Hayek on the Constitutional Order” where he may make an appearance, Edmund Phelps of Columbia University has a paper where he begins by discussing Mises’s insight on the economic calculation problem. Phelps calls Mises “one of the early moderns” and recognizes Mises as “the founder of property-rights theory.”

Elaborations on Randian IP

As I noted dudderday on Lew’s blog, an Objectivist blog claimed that “Greg Perkins has written a very powerful critique of the libertarian opposition to Intellectual Property rights for the February issue of Axiomatic. I don’t think it will shut the libertarians up, but it will put their arguments to rest.” Now Perkins writes me to inform me the article is out.