Mises Wire

Says the FOMC: The economy is strong; So a 0% to .25% target rate for the federal funds rate sounds about right; 2% CPI inflation or bust!

Join us at the Institute on March 12 for the Austrian Economics Research Conference.

The Drudge Report, one of the top news sites in the world for traffic, has picked up on the secession trend. Drudge today links to today's Buzzfeed article examining Ron Paul's speech at the recent Mises Circle in Houston.

Mark Thornton talks about The Washington Post's attack on Austrian Economics, Rand Paul, and Audit the Fed.

For those who prefer to read Joe Salerno's articles in Romanian.

Gary Galles writes in Mises Daily Wednesday:

Political dependence and economic dependence are two very different things. Political dependence is fostered by coercion and monopoly power, but economic dependence is simply a choice we make when we especially like one thing more than the alternatives.

Arguably the best single, currently available measure of the entire public's payoff from economic activity is real disposable income per capita.

"Short of a political union, I find it very difficult to foresee the euro holding together in its current form," Greenspan told the BBC's Mark Mardell on Sunday.

Readers of this blog may remember previous posts about George R.R. Martin’s fantasy epic A Song of Ice and Fire and its TV adaptation, Game of Thrones. Carmen Dorobăţ and I have recently collected our writing into a forthcoming book chapter, available for free.