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- Search found 10 items for:
- Political Theory
- William L. Anderson
- U.S. Economy
Mises Daily
Author:
William L. Anderson
Online Publish Date:
While Paul Krugman likes to present himself as being a Keynesian, in reality, his intellectual roots run back a few centuries to the mercantilists. If you wish to see the Krugman of 300 years ago, read Bernard Mandeville’s The Fable of the Bees , first published in 1705, to see all of the same economic (and logical) fallacies that haunt
Mises Daily
Author:
William L. Anderson
Online Publish Date:
Comedian Steve Martin once did a standup act in which he asked the audience in an incredulous tone, “You mean, you don’t remember when we had nuclear war and the earth was wiped out?” The audience would laugh, as expected, since the entire idea was ridiculous. While Steve Martin isn’t writing columns about the current global financial dealings, he
Mises Daily
Author:
William L. Anderson
Online Publish Date:
While Franklin Delano Roosevelt narrowly missed being Time Magazine’s “Man of the Century,” there is no doubt that the man who prolonged the Great Depression and helped lay the groundwork for World War II looms large in the consciousness of statist journalists and historians. Although FDR’s role in the Second World War is of utmost importance to
Mises Daily
Author:
William L. Anderson
Online Publish Date:
A mathematician and an economist were asked, “What is the sum of two plus two?” The mathematician immediately answered, “It is four.” The economist, on the other hand, closed all windows and doors and asked quietly, “What do you want it to be?” Just when we think this story is simply another silly economist joke, reality sets in. The latest
Mises Daily
Author:
William L. Anderson
Online Publish Date:
White House insiders have said for years that Bill Clinton has been desperately seeking a legacy for his administration – other than having been impeached and having disgraced himself and his office. At long last, he has at least two of them. The first of these is the coming recession, his first gift to the incoming administration of George W.
Mises Daily
Author:
William L. Anderson
Online Publish Date:
As U.S. trade deficits continue to pile up, and as the economy continues in its slow-growth patterns, a number of economic commentators have been accusing American corporations of causing the trouble by “exporting jobs.” Now, given the bounty of economic myths that economists and media pundits seem to foist upon us, one should not be surprised at
Mises Daily
Author:
William L. Anderson
Online Publish Date:
In a politicized society, it seems to me that the true believers really don’t have conversations as much as they deliver monologues of talking points. For example, a colleague of mine recently told me that “global warming” has become such a crisis that “new hurricanes are being created every 13 seconds.” This would mean that more than a million
Mises Wire
Author:
William L. Anderson
Online Publish Date:
Writer Neal Gabler recently “confessed” his “secret shame” in an Atlantic Monthly article on how a huge percentage of middle-class Americans are living beyond their means, existing paycheck-to-paycheck, and are mired in personal debt. He writes: I never spoke about my financial travails, not even with my closest friends—that is, until I came to
The Austrian
Author:
William L. Anderson
Online Publish Date:
Presidential elections in the United States spawn Really Bad Economic Policies, and 2016 is a vintage year. Bernie Sanders is resurrecting socialism, and others seek to outdo him. However, before leaping into the abyss of campaign rhetoric, I first note that none of the current candidates are doing what Ron Paul did during his presidential primary