U.S. Economy

The false belief that unions exercising the threat of strikes upon employers improve the welfare of labor is analyzed thoroughly and the conclusion is obvious.

Recorded at the Mises Circle in Newport Beach, California, on November 14th, 2009. Sponsored by Louis E. Carabini.

"We cannot compete against you in markets because you exert control over our entry into markets."

"I just want to caution Austrian and libertarian readers not to assume that anyone who 'thinks global warming is a big hoax' is automatically a great scholar.

In light of the recent multitude of chances for the population at large to be gently introduced to the shenanigans of our Federal Reserve System, I have hope that the lights may come on for enough people before it is too late.

Today, the main response to ill-effects of past interventions seems to be to create even greater ones.

"There is no market for the judgment that entrepreneurs rely on, and therefore exercising judgment requires the person with judgment to start a firm."

Mises not only outlined the consequences if the government continues to increase the money supply, he also outlined a monetary reform plan.

There prevails in the writings of many contemporary authors the disposition to represent every extension of governmental power and every restrictio

So Keynes enables Posner to throw off the shackles of rational choice almost completely.