Mercantilism: Unvanquished Foe of Liberty
In a comment on my interview in the Free Market that ran on the 27th as a Mises Daily asked if there was a video anywhere of my introductory lecture mentioned in the interview.
In a comment on my interview in the Free Market that ran on the 27th as a Mises Daily asked if there was a video anywhere of my introductory lecture mentioned in the interview.
The Washington Post reports on Houston's Mises Circle. Sort of.
The European Central Bank has announced its intention to create out of thin air over one trillion new Euros from March 2015 to September 2016. The rationale, the monetary central planners say, is to prevent price deflation and “stimulate” the European economy into prosperity.
Mario Rizzo in WSJ on failure of government spending to generate growth in world economy.
When L.H. White writes, people read! Larry White has just released a must read working paper on SSRN, "Hayek and Contemporary Macroeconomics".
Popular opinion seems to be that falling prices—or even stable prices—are bad for the economy, but I’ve never seen any good arguments about why.
According to CBC News, "The Bank of Canada shocked markets today by cutting its key overnight lending rate by a quarter of a percentage point, citing the economic threat posed by plunging oil prices."
There has been much hand wringing among popular blogger-economists in response to the breaking of the Euro peg by the SNB.