Filling the Holes in Krugman's Analysis
Although many free-market economists were aghast that Paul Krugman won the Nobel (Memorial) Prize in Economics, I have come to realize that he is every bit as brilliant as that august award indicates. For some time now, Krugman has said we are in ... [... more]
Ludwig von Mises Institute |
Absurdity is the Meaning of Sarkozy
This book provides evidence of the abysmal intellectual standards of much of contemporary Continental philosophy. Long-discredited dogmas of Marxism, accompanied by frequent references to Lenin and Mao as purveyors of wisdom, form the backbone of ... [... more]
Ludwig von Mises Institute |
Falling Prices Are the Antidote to Deflation
A disastrous economic confusion, one that is shared almost universally, both by laymen and by professional economists alike, is the belief that falling prices constitute deflation and thus must be feared and, if possible, prevented. As dozens of ... [... more]
Ludwig von Mises Institute |
Nixon! - Jeffrey A. Tucker - Mises Institute
My earliest memories of Nixon involve Watergate, and my father's outrage that a third-rate burglary would be the stuff of national scandal. He figured it was a racket. It was years later when I threw myself into reading the prehistory: the ... [... more]
Ludwig von Mises Institute |
Should the Government Bail Out Newspapers?
What started last year as something of a joke from the "tongue & check" department at Business Week, and a supposedly outlandish column by Michelle Malkin, has now become a reality: the state of Connecticut is seriously considering a rescue [... more]
Ludwig von Mises Institute |
Does Capitalism Need Adjustment?
One of the worst things that has happened during this economic crisis is that capitalism itself has been attacked without mercy - even by some who generally support the free market. Calls for more regulations, more bailouts, more Fed action, more ... [... more]
Ludwig von Mises Institute |
Israel and Palestine: A Statist War
In light of recent events in Israel and Palestine, it seems appropriate to put forth a suggestion on how this seemingly never-ending conflict could be solved. To end the ongoing violence in the region, many pro-Palestinians are calling for the ... [... more]
Ludwig von Mises Institute |
How This Happened
For years, many of us puzzled about how something so stupid and destructive as the New Deal could have happened. The stock market crashed because it was overinflated. That's nothing new. History is filled with credit bubbles that pop. Resources ... [... more]
Ludwig von Mises Institute |
Does "Depression Economics" Change the Rules?
Wily competitors have known for ages that if you can't win the game, you can simply change the rules. Now, during normal economic times, if somebody recommended that the government borrow a trillion dollars and spend it on anything that moves, ... [... more]
Ludwig von Mises Institute |
Hazlitt and the Great Depression
Old Right journalist Garet Garrett described the New Deal as a revolution against America's tradition of private property, limited government, and the rule of law. Indeed, it had all the earmarks. President Roosevelt ran against government ... [... more]
Ludwig von Mises Institute |
The Great Credit-Crunch Hoax of 2008
Remember the credit crunch? Of course you do. We'd never seen anything like it, or so the highest financial authorities and their lapdogs in the news media told us - not in a cool, calm, and collected way, either, but in a breathless delivery ... [... more]
Ludwig von Mises Institute |
The Dangers of Disputing Warming Orthodoxy
By Christopher C. Horner. Regnery, 2008. Viii + 407 pages. An audio version of this review, read by Dr. Floy Lilley, is available as a free MP3 download.] Those of us who refuse to accept calls from proponents of global warming for drastic ... [... more]
Ludwig von Mises Institute |