Selling Liberty: National Delusions and the Madness of Crowds
Recorded at the Mises Circle in Chicago, 9 April 2011.
Recorded at the Mises Circle in Chicago, 9 April 2011.
In the U.S., an almost unsurmountable gulf separates “society” from the intellectuals, writes Ludwig von Mises (1881–1973).
The astonishing popularity of Rebecca Black's "Friday" video — which became the YouTube meme of all memes in the course of a wild six weeks — has mystified many critics.
Faced with such apparently nonsensical results as the Anne Hathaway effect, automatic trading programs look silly. On the other hand, this is true of any task to which humans put computers; it doesn't mean computers are useless.
Professor Block is a handsome fellow. But he is not likely to appear on the catwalk anytime soon, writes Ben O’Neill.
The show was neither utopian nor dystopian. It was the best of life as we know it projected far into the future.