My father Milton M. Klein, retired professor of history at the University of Tennessee, died from cancer Thursday morning. The local newspaper carried a brief article this morning (free registration required).

The way modern medicine sees it, if you think you’re sick, but you’re not, then you’re really sick. Mentally, that is. Sound crazy? Look here (free registration required).

We wake to the cultural equivalent of Mao’s China or Lenin’s Russia, in which the people are supposedly mourning the loss of the Great Leader. [Full article]

As we’ve seen with the manufacturing “crisis,” the “outsourcing of America” is a total farce. As reported in today’s NYT (registration required) and WSJ ($), the total number of jobs lost due to outsourcing was 4,633—only 2.5% of the 182, 456 jobs reported lost during the 1st quarter of this year. I’ve already emailed these articles to Lou Dobbs.

Richard Russell writes, in part:

Our mentor has always been Hippocrates, not Adam Smith —President of a County Medical Society at an AMA meeting quoted in the February 16, 1981 issue of the New York Times.

This weekend (June 11-13, 2004), the American Medical Association (AMA) will celebrate the 100th anniversary of its Council on Medical Education. The medical establishment understandably sees the formation of the Council as a good thing.

I’m at the Mises University now, and I plan on transcribing my notes. This is the third lecture given. Any errors are mine, feel free to point them out so that I can correct them.

This lecture was given by Prof. Herbener.

• Human Action, the Action Axiom: man acts, using means to obtain ends, so as to ease unrest felt.

   

• The Action Axiom is true in the Aristotlean sense in that nay attempts to disprove it are in fact actions, and are thus self-contradictory.

   

I’m at the Mises University now, and I plan on transcribing my notes. This is the first lecture given. Any errors are mine, feel free to point them out so that I can correct them.

This lecture was given by Prof. Hulsmann.

Why isn’t Austrian economics taught?

• State interventionism.

   

Bill Bonner’s daily economic and financial commentary, The Daily Reckoning, features frequent Mises.org author Christopher Mayer (publisher of an economic-financial letter, Capital and Crisis) on monetary collapse (go to link then scroll about half way down.) Mayer takes an Austrian view on the manner that the boom and bust cycle is driven by the cent