60 Minutes did a segment on David Rubinstein, one of the founders of Carlyle Group which was established in 1987. Carlyle is one of the largest private equity firm and the only major private equity firm to be based in Washington DC. The company controls enormous assets all over the globe and is noteworthy for being connected to many influential political figures.
Mises Daily Weekend by Jing Jin:
In this interview, Jing Jin, Associate Dean at the China Economics and Management Academy in Beijing, discusses how Mises and Rothbard have affected her academic work, and how Austrian economics is gaining traction in China today.
David Stockman is our guest this week on Mises Weekends in the first of a two-part interview. He is also speaking at our Mises Circle event in Stamford, Connecticut, next week, along with Jim Grant and Judge Andrew Napolitano (watch for free at Mises.org/Live).
Mises Daily Friday by Ryan McMaken:
Even if the global warming lobby is eventually able to prove their case for the existence of global warming, that would still do nothing to prove the necessity of their plan for global economic controls, and thus, the impoverishment of billions.
Rothbard and non-interventionist libertarians who follow him do not deny the right of self-defense. Rather, they question the inflammatory propaganda of the State about supposed threats that require war and a more powerful State.
The great James Grant appeared on CNBC yesterday to discuss the latest Fed statement that removed any mention of prospective dates for raising interest rates.
Japanese Prime Minister Shino Abe has been touring the US this week. Much of the week was spent apologizing for the War in the Pacific, but Abe's also on an economic mission. Japan continues to see lackluster growth thanks, no doubt, to its highly regulated and corporatist economy, and Abe's mega-Keynesian "Abenomics" plan.
A central premise of Keynesian economics is that, during a recession, government spending increases total output through a “multiplier”
Mises Daily Thursday by Jonathan Newman:
FedEx and UPS recently announced they will not deliver some goods that can be used to make guns. These companies should be free to do this, just as all owners should be free to decide with whom they will do business.
