New from Associated Scholar Antony Mueller: Beyond Keynes and the Classics. Outline of the Goods Side/Money Side Model of the Business Cycle and Macroeconomic Configurations Antony P Mueller UFS - Federal University of Sergipe - Universidade Federal de Sergipe January 20, 2014 Abstract: This paper presents the goods side/money side (GS/MS) model
[The Chris Christie bridge scandal has highlighted some of the pitfalls of political control of the highway system. In this selection from Chapter 21 of The Privatization of Roads and Highways , Walter Block discusses some issues related to the privatization of roads. Block address the issue of traffic congestion throughout the book. ] Question:
Already in mailboxes is the January edition of The Free Market , the Mises Institute’s monthly. In this issue, Ryan McMaken writes on the AMC show Hell on Wheels and the transcontinental railroads: Hell on Wheels wastes no time in making it quite clear that this is not the story of heroic entrepreneurs or industrialist visionaries. It is the story
Over at Mises Canada , I’ve started the coverage of the Sochi Olympics . Countless sporting records will be broken in Sochi over the next two weeks. Surprisingly perhaps, the biggest record was already broken before the games ever begin. With some estimates running as high as $65 billion, the Sochi Olympics are ten times more expensive than the
by Ron Paul Appearing last week before the Senate Intelligence Committee, Director of National Intelligence James Clapper testified that he could not say the threat from al-Qaeda is any less today than it was ten years ago. It was a shocking admission. Does he mean that the trillions of dollars spent fighting the war on terrorism have resulted in
Ever wonder what a digital bank run looks like? Nearly one million Mt. Gox users are finding out first hand. The Tokyo-based exchange, popular amongst currency traders, has risen in prominence by offering its customers storage services in a variety of currencies. This effectively makes it act as an online bank. One such “currency” that it allows
The Olympic Charter which supposedly guides the spirit of the Games makes the following claim: The practice of sport is a human right. Every individual must have the possibility of practicing sport, without discrimination of any kind and in the Olympic spirit, which requires mutual understanding with a spirit of friendship, solidarity and fair
The Olympics are supposed to be the epitome of fair play and honest competition. Why can’t the International Olympic Committee practice what it preaches? The high prestige associated with securing the Games to be held in a candidate city has increased the lengths people are willing to go to secure them. This alone is not so troubling. After all,
Enough people were upset with my previous post claiming that Mt. Gox is suffering a bitcoin bank run because it is holding only a fractional bitcoin reserve that it caused me to think twice about the claim. I could have been wrong, but I doubt it . Actually, the backlash was strong enough that it made me think that perhaps I was using some common
A recent publication in the History of Economics Review by Matt McCaffrey: “Conflicting Views of the Entrepreneur in Turn-of-the-Century Vienna” McCaffrey, Matthew History of Economics Review; Summer 2013; 58; ABI/INFORM Global pg.
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