Thoughts on the Latecomer and Homesteading Ideas; or, why the very idea of “ownership” implies that only libertarian principles are justifiable
The following is an edited version of my recent post on a libertarian discussion list.
Mises Wire
The Unfolding Credit Crisis
With the collapse in the price of sub-prime mortgage backed securities and credit derivatives, the credit boom has moved into the crisis phase.
Gas coupon from 1979
Wow, this is a surprise to me: a gas coupon printed by the government in 1979, but never fin
Coase and the light pole
Coasian ethics have come to roost in Ohio, or roast as the case may be (roasted soybeans in this instance).
Alabama Is At It Again
There’s a Noel Coward dance hall song called: “Alice is at it Again”.
Credit crunch + Market Rout = Central bank intervention
The turmoil in financial markets is eliciting the usual response from the central bankers, all up there in their Hueys, ‘Die Walkuere’
