Chip Knappenberger has a fantastic post in which he goes through the paper trail to document just how poorly the Intergovernmental Panel on Climate Change (IPCC) misrepresented the state of the peer-reviewed literature on the subject of Antarctic sea ice. Here’s the intro: As I document below, [Working Group I of the IPCC Fourth Assessment Report]
For a while I have been warning that one way the (price) inflation genie will get out of the bottle, is that banks will take some of their incredible excess reserves and buy Treasury debt (as opposed to granting new loans to customers). The trillion+ that Bernanke has injected into the banking sector would then start trickling out into the “real
I understand Sheldon Richman’s arguments about the term capitalism , but I think we need to watch out for the tendency to be whiners . So yes, it’s true that a lot of people think the present U.S. is the epitome of “capitalism,” and as a libertarian I don’t endorse everything. But on the other hand, the U.S. still does have a legacy of its more
In Tom Woods’ Meltdown , he chides conservatives who try to blame the housing bubble solely on the Community Reinvestment Act and other such particular interventions. Woods argues that only the Federal Reserve could explain the general booms (and hence busts) in market economies, and that without the Fed’s easy policies after the dot-com crash,
Incidentally, I realized after the initial reaction to this that a lot of the younger anti-Keynesians wouldn’t recognize the song. (Not that I’m that old myself–but my dad was a big “oldies” fan so I’m quite familiar with ’60s rock.) The actual song is The Buckinghams’
On Tuesday the Federalist Society at Campbell Law in Raleigh, NC hosted a debate between a Federal Reserve economist and me. The topic was, “Did the Fed avert a second Great Depression?” Click here for an audio
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.