It will be interesting to see how Trump critics handle Mr. Cain. He has the one quality Elizabeth Warren and other Democrats have chosen to focus on when it comes to a Federal Reserve nominee: he isn’t a white guy.
[formatted from this twitter thread- ed.]
In the 1940s, economist Friedrich Hayek said in his book, “The Road to Serfdom,” that the road to serfdom was socialism.
A new Mises Institute podcast series, focused on Austrian theory in-depth.
A reason the left is good as what it does: it thinks big and thinks long term. Conservatives and libertarians, meanwhile, like to give up immediately if something seems like it might take a while, or if other people don't embrace their ideas instantly.
Keynote AERC lectures and selected panels can be watched live at mises.org/live
I am a professor (I teach economics at Loyola University New Orleans). In my view, this means I should profess something.
Smith thinks its enough to look at data in order to understand the economy. But without theory, how should the data be interpreted?
