Two New Papers on Kirzner and Entrepreneurial Opportunities
Here are two very interesting journal articles on Kirzner's theory of entrepreneurship.
Mises Wire
The Austrian
If the first issue is any indication, they will live up to their promise of a "bolder and more robust version of what you have known for decades."
Mises Daily Friday: Does Devaluing Currency Help Us All by Helping Exporters?
When a central bank devalues a currency, it is often said that the devaluation will help exporters, and thus the whole country, as a result. But this simplistic analysis ignores the many downsides of inflating the currency.
U.S. Government Debt Is Now at a Once-Unimaginable Level
Now that the gross federal debt has surpassed $18 billion—six times the amount that troubled us back in 1990—we can clearly answer the two questions posed by the symposium's organizers: yes, a large and growing federal debt does matter; and no, we can do nothing about it.
Mises Daily Thursday: You Can’t Create More Savings by Printing More Money
Today's Mises Daily: Many people think of their investments and their money in the bank as their savings, but savings and money are not the same thing. Nor will creating more money create more savings.
Feds Seize Widow’s Legally-Obtained Money — Because Terrorism
The banking system in the United States today functions largely as a spy agency for the federal government.
More on the Possibility of a Gold Russian Ruble
Discussed by Michael Oliver on Jay Taylor Radio.
Mises Daily Wednesday: Get Government Out of the Lending Business
Government loans often feature lower interest rates than what can be found in the private sector. But this is only because these cheap loans are taxpayer subsidized. Meanwhile, the government bans many private loans that risky borrowers need most.
Remembering Burt Blumert
Burt Blumert, who died six years ago, would have turned eighty-six today.
Is the Middle Class Becoming Worse Off?
Yesterday when I went for my infusion, I brought two items of reading material with me; The Wall Street Journal and Steve Horwitz's forthcoming paper in the Spring 2015 issue of Social Philosophy and Policy, "Inequality, Mobility, and Being Poor in America."
