Congresswoman Maxine Waters on what she’d like to do with the oil industry: Congressman Barney Frank on what he’d like to do with the medical industry: UPDATE -- one more: Video has been removed
President Obama just revealed at the New Hampshire “town hall” that he rejected Federal government supplied insurance for himself and his family when he was in the U.S. Senate, and instead of the government regulated stuff he took advantage of his wife’s private insurance supplied via her $317,000 per year political fixer/politician’s wife job
Economist Robert Frank has discovered a Ph.D powered economic perpetual motion machine that lifts itself by its own bootstraps, as explained by Mark Steyn : The stimulus will work because enough economists are saying it will work that their prestigious postnominal credentials will impress enough of the masses into thinking it will work, which in
“To fight this recession the Fed needs more than a snapback; it needs soaring household spending to offset moribund business investment. And to do that, as Paul McCulley of Pimco put it, Alan Greenspan needs to create a housing bubble to replace the Nasdaq bubble.” -- Paul Krugman in 2002 I think of Paul Krugman as the great Naked Emperor of the
Newly constructed home in Victorville, CA north of Los Angeles being demolished by the Guaranty Bank of Irvine. From the news story : A Guaranty Bank official, Real Estate Officer Dean Smith .. said it was a choice of pumping their own money into property site improvements and additional money to bring the home up to code or tear down the 16
In a 15 page letter defending capitalism and analyzing the mistakes of the government during the current crisis the chairman of Sears Holdings added a recommendation to Sears stockholders that they take time out to read some Hayek during the current crisis
The computer and the Internet have put the world on our desk. Now the computer phone is putting the world in our pocket. If you haven’t seen it, the Money Museum is a beautiful online museum of world coinage. But I’m posting this because I’ve found that the Money Museum has created an iPhone app that puts the world of coins on your phone —
George Bush expanded domestic spending at a faster clip than Lyndon Johnson, set up the monetary and institutional conditions for a massive economic collapse, and then explicitly told us that it was necessary for America to abandon the market system “in order to save it”. You would think that would be enough damage for one man. But now — just as I
The 1978 interviews with Friedrich Hayek conducted by Earlene Craver, Axel Leijonhufvud, Leo Rosten, Jack High, James Buchanan, Robert Bork, Thomas Hazlett, Armen Alchian, and Robert Chitester in 1978 are now available on the internet . The interviews are available in these formats: pdf , text , flip book , and others . There is perhaps no better
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.