Mises Wire
Fannie & Freddie Bailouts
The government now says that taxpayer bailouts of Fannie Mae & Freddie Mac could reach $363 billion by 2013.
Stiglitz: “We Cannot Afford Austerity”
From the New York Times, “Europe Is Turning Its Back on Keyne
Why the state needs two parties
In Part One of As We Go Marching, John T. Flynn describes the rise of fascism in Italy. The following passages imply the need for two political parties.
UK follows Sweden’s lead
The Brits are cutting down on their welfare state in an attempt to tackle deficits and save the state.
Useful and Wasteful Charity?
One of the more depressing implications of careful economic analysis is that it is very difficult to actually give away money in ways that actually
The Economic Way of Thinking and XKCD
I tell my students that economics helps define the non-negotiable constraints on social reality.
Trust for Anti-Trust?
I’m reviewing my notes for a lecture I’m giving in Denver in about an hour, and I came across notes about an FTC judgment against Toys-R-Us claimin