Oh to Have China’s Troubles
Here are the headlines from Bloomberg
•AIG Plunges After Cut in Credit Rating Jeopardizes Effort to Raise Capital
Mises Wire
FairTax Folly: A Real-World Example
After recently purchasing a new car and paying 6 percent of the purchase price to the state of Florida ($2,184.08) and an additional $75 to my coun
Don’t do it
When I taught at Hillsdale College, I heard one of my colleagues (whose office was right next to mine, and our doors were open) listening to a stud
If housing, why not everything?
The free enterprise system, with its private property rights, profit and loss system of incentives, and market prices that allow individuals to rationally plan, works just fine for all other goods and services: food, clothing, health care, etc.The one exception is housing. Here, greed and rampant capitalism reign supreme, causing vast harm to the populace.
The well-read Marxist
One of my favorite websites is the Marxists Internet Archive (marxists.org).
Why did Truman drop the bomb?
Let me just say a few words about this new Working Paper up on Mises.org.
Fannie, Freddie Failure Would Be World ‘Catastrophe’
Bloomberg reports that a former central banker with the Bank
