Russell Crowe is sure to win Best Actor for his portrayal of Nobel Prize-winning economist and mathematician John Nash in “A Beautiful Mind.” The movie itself may win Best Picture. In real life, Nash was a brilliant young man, a young man who could solve mathematical conundrums, break codes, and intuit the laws of economics. But then, seemingly at
With all the recent news about con men operating phony businesses, I was struck by a curious item I came across on eBay. It was a $3 bill from the Salem & Philadelphia Manufacturing Company of New Jersey, dated 1828. It wasn’t the $3 amount of the note that caught my attention, as notes from that period came in many amounts that have long since
With the revelation to the investing public of fraud and misrepresentation in the presentation of Enron’s financial statements--fraud and misrepresentation in which the accounting firm of Arthur Andersen appears to have been complicit--at least 143 corporate clients, out of 2,311, have left Andersen, and Andersen itself has been forced to lay off
Ready for “Pinkbacks,” that is, for Federal Reserve notes with a pink hue? Yes, the Federal Reserve is continuing to experiment with new, more difficult-to-counterfeit paper money. First it was BIG FACES (along with the introduction of a variety of other counterfeit-proof characteristics into our Federal Reserve notes). Next, maybe, it will be
Perhaps you have received an e-mail such as the following (which I have edited): I am _____, the personal assistant/in-law to the late General Robert Guei of Cote D’Ivoire who was killed in an arranged military mutiny last week. I wish to solicit for your confidential assistance to receive the total of US$56M (Fifty-six Million United States
Is it mere coincidence that the movie “Frida” stars and is co-produced by Hayek (Salma, that is)? Frida Kahlo was a Mexican painter of the early to mid 20 th century, renowned for her self-portraits. She and her on again, off again husband, Diego Rivera, himself a great muralist, were famous for their avante-garde lives and for their romance with
Russell Crowe ganará el premio al mejor actor por su interpretación del economista y matemático John Nash en «Una mente maravillosa». La película en sí misma puede ganar el premio a la mejor película. En la vida real, Nash era un joven brillante, un joven que podía resolver enigmas matemáticos, romper códigos e intuir las leyes de la economía.
¿Es una simple coincidencia que la película «Frida» esté protagonizada y coproducida por Hayek (Salma, es decir)? Frida Kahlo fue una pintora mexicana de principios a mediados del siglo XX, famosa por sus autorretratos. Ella y su intermitente marido, Diego Rivera, un gran muralista, fueron famosos por sus vidas de vanguardia y su amor por el
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.