Mismanagement at the Big Three
It was a dead heat. General Motors sold 9.37 million vehicles worldwide in 2007 and lost $38.7 billion.
Mises Wire
Left-Libertarians on Corporations “Expropriating the Efforts of Stakeholders”
Over at Mutualist Blog, Kevin Carson replies to, inter alia, Peter Kle
Beth Hoffman (1950-2008)
From Mary Sennholz and Robert G. Anderson comes the very sad news of the death of Beth Hoffman, a brilliant libertarian.
Must The Central Bank Be The Source Of An “Austrian” Boom And Bust?
Many economists seem to think that the Austrian Theory of the Business Cycle is an explanatory projected circumscribed by its dependence on the identification of lose money created by a central bank as the necessary explanans for the boom and bust cycle. But this is not Hayek’s view.
Obama’s Economic Team: More of the Wrong People
President-elect Obama has announced that Paul Volker will head a new Economic Recovery Advisory Board that will propose interventionist policies to bring about economic recovery.
Obsolete Ideas from Living Economists
In the New York Review of Books, Paul Krugman calls for a “good old Keynesian stimulus.” He say
Making a list and checking it twice
It’s that time of year here in Ohio: time to make a list and check it twice. Christmas gift list? Not in this instance.
Objectivists on the PRO-IP Act
In “PRO-IP, Rights, and the Roots of Copyright Opposition” in the Randian “Capitalism” magazine
The Over-reliance on State Classifications: “Employee” and “Shareholder”
The state takes over and corrupts many institutions and aspects of life--roads, communications, law and justice, healthcare, money, defense, police
