I have two offensives to report in the Battle Against the Bailout. First, here is an mp3 of my interview with Mark Carbonaro on Friday morning. And here is my op ed in the San Diego Union-Tribune that ran yesterday. An excerpt: The government itself has made it rational for each bank to continue stringing along its investors. After all, why should
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 student ask if he could take the class final early, because he wanted to go participate in a rally for newly-reelected President Bush. My colleague wearily asked, “Why do you support him? He’s not a
This is truly an awful op ed from today’s WSJ . I am hoping that a bunch of us can write Letters to the Editor, so maybe one of ours will get published. The writer claims that our periodic banking panics are the fault of Thomas Jefferson, because he didn’t understand commerce and hated rich people, and thus killed (through his disciples) a strong
I explain here . I really don’t understand all the mainstream economists going along with this stuff. Even if you totally believe the IPCC science, how could you trust governments around the world to implement the scheme
For months Alex Tabarrok has being doing a great job yelling to all the world that this “credit crunch” is bogus. What’s hilarious is that even his critics--see this post by Mark Thoma--rely on evidence that actually proves Alex’s case. I summarize the relevant findings in this blog post . An excerpt: During the dark days of the credit crunch,
Over at LRC, Michael Rozeff has a surprising analysis where he lays out a few convincing arguments that gold prices are too high right now, relative to other prices. He concludes that gold is “overvalued” and that its downward trend may very well continue. I won’t quibble with his numerical arguments, but I think they are at best irrelevant.
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.