Taking Back the Language
Walter Block decries statists who distort the meaning of words, and also those who kowtow to their politically correct agenda.
The Meaning of ‘Over-Valued’
A stock price is not an objective rendering of value, but merely an opinion about the present and future worth of a company--and opinions can be wrong.
In Praise of Bugs
Those glitches serve a market function: consumers prefer advanced technology to perfect technology.
The Census and Despotism
Greenspan’s Austrian Connection
He talks like an old Keynesian but has early intellectual ties to the Austrian School, once calling the Fed’s creation “a historic disaster.”
The MTBE Flap
In a fine case study of interventionism, regulators finally give in and reversed their previous mandates that led to an environmental mess.
Weathering the Census
The census is intrusive by nature, but the Clinton administration’s version is brazenly pro-welfare, outrageously invasive, and costly even for states that supposedly benefit from its results.
The Scholars Page
Rudy in Wonderland
In a display of amazing ignorance or brazen political grandstanding, he strode up to a gas station and berated the owner for charging too high a price.