Despite all of the rhetoric we hear from mainstream economists and our government masters, the unprecedented printing of U.S. Dollars is taking its toll : The U.S. dollar’s day of reckoning may be inching closer as its status as a safe-haven currency fades with every uptick in stocks and commodities and its potential risks – debt and inflation –
Not surprisingly, Paul Krugman is excited, and so is the Obama administration. The government, with the help of the medical industry, is going to contain health care costs. Wow! I’m shocked! Why hasn’t anyone thought of that before?!? The Great Nobel Laureate lays out the plan : In his previous job, as the director of the Congressional Budget
If one does not read enough economic illiteracy from Paul Krugman’s Monday column in the New York Times, there always is David Brook’s Tuesday column, which presents the neo-con (emphasis on “con”) view of the world. One must remember that the editorial writers at the Times actually believe that Brooks is a free-market guy. Today, Brooks
In today’s column, Paul Krugman now insists that not only should we not fear inflation, but we don’t even have to worry about it at all, at least in the short term. As is his style, Krugman wraps a Big Lie around a tiny kernel of truth. First, the self-pronounced Great One claims that anyone who even says the “I-word” is engaging in scare talk.
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.