Mises Wire

The article today on John Wanamaker further confirms my thinking that

A brief period of Kuhnian “normal science” is now over in macroeconomics —

Of course, the best patent reform would be abolition.

A 3.5 hour discussion between myself and Abhi Mallick about last week’s Mises Dailies. Click to stream, right click to download.

In early 2009 at the AEA meetings, Stanford economist John Taylor, used the term “Mondustrial Policy to criticize the Fed and Treasury response to

Robert Murphy may think Ben Bernanke is a joke, but Mr.

Leftist political humorist Calvin Trillin once noted, “sooner or later, every president makes you nostalgic for his predecessor.” Now, halfway thro

The last two years haven’t been boom times for too many, but for those picking the low-hanging fruit from the Fed’s liquidity tree, it couldn’t be better and they couldn’t be smarter.

Exhibit A: Jeremy Grantham, a highly respected and successful value investor,

Being on food stamps used to be considered an embarrassment. People used to hide it.