Mises as Antidote
The place of Human Action in the life of a student. (A speech by Shawn Ritenour)
The place of Human Action in the life of a student. (A speech by Shawn Ritenour)
The phrase of the day is "moral hazard." It's something everyone seems to think is a bad thing, but few are willing to do anything about, certainly not Alan Greenspan. So far, he's on record backing the Mexican bailout, the Asian bailout, the bailout of Long-Term Capital Management, and more IMF funding, despite the financial dangers all these create down the line.
To neoconservatives and even to some libertarians, Sidney Hook is a hero.