The Trade Deficit: An Austrian Perspective
[Editor’s Note: This article was first published November 24, 2005.]
The Bowl Championship Series: A Case Against Subjectively Aggregated Statistics
The Myth of Beltway Intellectual Life
Here is a rare and wonderful thing: an analysis of how DC think tanks really operate:
As bad as Arthur Burns?
We don’t have to share the mumbo-jumbo mathematical methodology to take a delight in the verdict of Robert Gordon on the Greenspan Legacy:-
“Perhaps the most surprising result in this paper is that, when monetary policy is assessed solely in terms of alternative Taylor rule reaction functions and their effect, there was no difference between the ‘Greenspan’ monetary policy in effect in 1990–2004 and the ‘Burns’ reaction coefficients in effect in 1960–79.
European Inflation Idiocy
The “Stupidity of the Week”-award for the week that I was gone is hereby awarded to the 376 Members of the European Parlament (MEP:s) who thinks that inflation should be fought by replacing the one and two euro coins with bills.
Having one bills of roughly the value of one euro have as we all know worked perfectly in the United States. None of you Americans have seen any cost of living increases lately,right?
Bush’s Tax Hike on Homeowners
Well, after years of raising our taxes through deficit spending, the Bush administration has released a plan to raise our taxes in a variety of other ways. The attack on the mortgage interest deduction is probably the most alarming among them.
The Myth of Energy Deregulation
Politicians and regulators forced a sham of a “deregulation” scheme upon the energy industry in California, writes Adam Summers, and then blamed the free market when it inevitably failed.
John Leo on Dems and Rothbard
I got a little surprise today reading John Leo’s NY Daily News column, “It’s ‘72 All Over Again for Dems.” Leo focuses on what he believes are the parallels between the failure of welfare liberalism, circa 1972, and the failure of liberalism in the post-9/11 era. He cites Austrian economist and libertarian social theorist Murray Rothbard at one point:
Union Tales: My Father’s experiences with unions
For 40 years, my father worked for the Rochester Telephone Company, almost 30 years as a foreman / manager. During that time, he was never absent due to sickness. This is not because he was never sick, but because he went to work even if he was sick. He first started working there several years after his immigration from Germany, where he’d been trained in technical electronics at a trade-school.
For A New Liberty: Spring 2006
Please help the Mises Institute make Rothbard’s For a New Liberty available again! It is a complete libertarian manifesto: ethics, economics, history, politics, law, and society--all in one book.
