New Working Paper - Mises, Rothbard, and the Methodology of Austrian Economics
By Stephen D. Parsons (De Montfort University)
By Stephen D. Parsons (De Montfort University)
Will you ever trust this site again? BusinessWeek reveals that our friend economist Tom Lehman wrote an article for the Mises Institute while taking money (maybe as much as $2,000) from an institution that turns out to be funded in part (shill!) by the very institution that Lehman was defending against government attacks: the payday loan industry.
As the subtitle declares, this work is an overall history of economic thought from a frankly “Austrian” standpoint: that is, from the point of view of an adherent of the “Austrian School” of economics.
Most of the commentary on the ongoing propaganda campaign against Wal-Mart, writes Thomas DiLorenzo, ignores what is probably the most important aspect of it: It is a labor union-inspired campaign against Wal-Mart employees.
It’s finally happening. Some of us, who have been writing about the US housing bubble for several years now, underestimated how long it would last. But as Ben Jones has exhaustively documented at his excellent Housing Bubble 2 Blog, bubble cities around the country are all starting to see the following trends:
Hardly a surprise to many of us here, but always refreshing to hear official mea culpas, however implied the tone. This from a BIS report on world housing finance: