“A big part of the decline in wholesale prices came from retreating energy prices, which had been stoked in previous months by war tensions,” reports the Kansas City Star. With the specter of falling energy prices hovering over the economy, thank goodness that Asia’s central banker is on the job.
Alabama’s Superintendent of Education Ed Richardson threatened Friday to close Alabama’s 1,400 public schools on Oct. 1 if voters reject Gov. Bob Riley’s record-high tax plan and legislators fail to adopt an education budget, reports today’s Birmingham News . Richardson met with the state’s 128 public school superintendents, who were buzzing after
Writes Alberto Mingardi, former summer fellow at the Mises Institute: “This was published yesterday by the Wall Street Journal Europe . I thought you may be interested in reading it.” *** Italy’s Tyranny of Labor Protection Alberto Mingardi French public sector workers are dreaming up new schemes for disrupting daily life, while unions in Britain,
Doug Noland, an analyst for the Prudent Bear Mutual Fund, writes a weekly column called The Credit Buble Bulletin on the Prudent Bear’s web site. This week, he reprints a presentation he gave at an asset manager’s convention (scroll down a few pages from the top to the heading Contemplating the Evolution From the Way We Were to The Way It Is
The Telegraph, 16/06/2003 The party’s over as misfiring Ford puts fear into Motown By Simon English in Detroit When the 1970s soul veterans Earth, Wind and Fire were booked for a concert to open a five-day jamboree of cars, stars and fireworks to celebrate the 100th birthday of the Ford Motor Company, cynics claimed that it was the ideal booking.
I couldn’t resist bidding on a few of the Saddam Dinars available through Ebay . I ended up with four 100-dinar notes and four 250-dinar notes, all uncirculated. I paid about $1.00 for each. It appears that face value is not an issue here, except for the 10,000-dinar notes that Iraqis do not want but for which Americans are paying as much as
Edmund L Andrews filed the chilling story ” Why Wheels of Recovery Are Spinning in Iraq “ for the NYT: “Electricity, essential to restoring normalcy to business and personal life, remains crippled because looters are stealing copper cable as quickly as it is being installed. Oil production, Iraq’s main source of income, is still far below its
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.