“Where society is so organized as to reduce arbitrarily or even suppress the sphere in which freedom is legitimately exercised, the result is that the life of society becomes progressively disorganized and goes into decline.” So writes John Paul II in Centesimus Annus (1991) on socialism and social democracy.

After my article “We shoulda seen it coming,” I received vast amounts of feedback from genuine entrepreneurs who talked of their personal experiences in dealing with Fed-induced cycles. I decided, then, to rewrite the article and expand it.

The result is The Entrepreneur’s Guide to the Business Cycle.

This story from the Washington Times reports on the Collegiate Network’s Polly Award for campus outrages. The University of Nevada, Las Vegas, won second place after the administration upbraided Hans Hoppe for failing to abide by a students’ demand that his teaching be “as politically correct as possible.” Here is the CN’s complete report.

The March issue of Reason magazine contains an interesting interview with the Fox News Channel’s Judge Andrew Napolitano about government and his new book Constitutional Chaos: What Happens When the Government Breaks Its Own Laws. Here are portions of a couple of key exchanges:

Reason: How do you feel about Alberto Gonzales as attorney general?

Here is the audio of today’s brown-bag lecture presented by Mark R. Sunwall of University of Hyogo. The topic is “The Authoritarian Personality: Myth or Mistheorization”--somewhat unusual for this venue but enormously interesting. He was dealing with the fascinating area of the anthropology of political obedience: or, why do people go along with tyranny and under what conditions?

A nice mention of the Mises Institute in this article from the Spectator on France’s labor regulations.

Micro-credit may have become just “credit” in Zopa, a sort of lending exchange that is based on the Web. It packages groups of about fifty lenders to lend to groups of about fifty borrowers directly, without the auspices and agency of a real bank. Perhaps this is micro-syndication.

Twenty-five years after Julian Simon and Paul Ehrlich made their famous bet, people still don’t get it. “Two-Thirds of World’s Resources ‘Used Up,’” screams the headline in today’s Guardian (highlighted by Drudge). “The human race is living beyond its means.