In my last blog post here at Mises CA, I picked up on a dispute over interpersonal utility comparisons that involved some prominent free-market economists. David R. Henderson (whose side I had taken) linked to my post with approval at
Re: The Perils of Globalization Dear Sirs: I believe that Binyamin Appelbaum may have unwittingly answered his own question about why American workers who lose their jobs–as illustrated by the former Maytag employees in Galesburg, Illinois–have such a difficult time
Re: Where Greeks Are Stashing Their Cash Ludwig von Mises characterized the third and final stage of a currency’s collapse, where people are desperate to exchange their currency for almost anything of real value, as a “crack up boom”. Notice
Reprinted from Zerohedge.com It’s official: the world has gone central-planner crazy. Monetary policy, whether in the form of “conventional” methods such as the micromanagement of policy rates or so-called “unconventional” measures such as QE, has proven utterly ineffective when it
Reprinted from LewRockwell.com Lyndon McClellan is a small entrepreneur who owns and operates L & M Convenience Mart in Fairmont, North Carolina. L & M comprises a gas station, convenience store, and a small restaurant serving hot dogs, hamburgers, and catfish
The latest outrage concerning the California water drought–the economics of which I explain in this short YouTube video–is that Walmart is earning an unconscionable profit in bottling and reselling water back to California residents. Here’s a RawStory summary of a
It caused quite a chortle in political circles when Republican presidential nominee Carly Fiorina’s campaign team failed to lock-down an important website. Specifically, a critic of Fiorina grabbed CarlyFiorina.org and used it to condemn the massive layoffs she oversaw while
My letter to the NY Times re: Rattle those bones, blow that smoke, and bleed the patient until he recovers!
Re: Is 2% Inflation enough? Dear Sirs: As you note, the Fed has held “its benchmark rate near zero…since December 2008″, but without the result promised by econometric models. Therefore, those Keynesian economists you quote want even more money printing.
3rd International Conference of the “Ludwig von Mises and Contemporary Societies” cycle: “LIBERALISM, POSTCOMMUNISM AND REFORMS”. Lviv, October 1-2, 2015.
On the initiative of the Department of Political Science and Philosophy LRIPA NAPA and other institutions a series of conferences in honor of the famous Austrian scientist, liberal thinker and our countryman Ludwig von Mises is held in Lviv. In
Re: Glut of Capital and Labor Challenge Policy Makers Dear Sirs: The worldwide commodity glut is not a surprise to Austrian school economists. It is a wonderful example of the adverse consequences of monetary repression to drive the interest rate
On Twitter the following graphic caught my eye: There are two problems with this argument, one obvious and one more subtle. The obvious problem is that it commits the post hoc ergo propter hoc fallacy. Rather than spelling out what
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To all Austrian-minded scholars, The Society for the Development of Austrian Economics has put out a call for papers for their November meeting in New Orleans. See the link below for details. http://www.coordinationproblem.org/2015/03/call-for-papers-2015-sdae-meetings-new-orleans-november-12-23-2015.html
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