Mises Wire

The tax police spend half their day surfing the web for porn, games, etc.

If you are curious about the Austrian theory of time preference and the determination of interest rates, see the new dissertation by Robert Murphy

Foreclosures Hit Record High in 1st Quarter (Wash Post): U.S.

The Cassini Division by Ken MacLeod (Slashdot): “Mac

The new Monetary Trends published by the St.

Jerry Muller’s Mind and the Market

Rate Cut Looking Like a Sure Thing (Washington Post): “Fede

A paper posted on the San Francisco Fed’s web site

Lew Rockwell on the Medicare reform that magically makes high prices for prescription drugs disappear.

Honda Tells U.S. Auto Makers to Try Harder (Reuters): U.S.