The Marxist historian Eric Hobsbawm died this past Monday . Hobsbawm was far inferior as a scholar to a great many other Marxists, but the British establishment’s lack of discernment made him a celebrity. There is an analogy here with Paul Krugman, who is doubtless viewed with contempt by… Read More
Archives for October 2012
Bob Murphy on Krugman, QE3, the Liquidity Trap, and More
I talked to Bob last week while hosting the Peter Schiff Show .
The First Lady’s School Lunches Stink, so What Now?
The First Lady is dead wrong about the national school lunch guidelines — the low-fat, low-calorie meals she proposes are unhealthy and inhuman. But the correct reply is not that she should suggest more satisfying food, as some conservatives contend. The correct reply is: what… Read More
I Was Fooled by the War-Makers
Twenty years ago, as I was completing my freshman year in college, I was a full-blown neoconservative. Except I didn’t know it. Having concluded that I was not a leftist, I simply decided by process of elimination that I must be a Rush Limbaughian. Like… Read More
Down With the Debt
Writes Charlie Kirk: Your speeches on YouTube have inspired me to take action on a national stage. I am 18 years old and a recent high school graduate. So often in high school we are told what to think instead of how to think. For year I… Read More
Hitler Was Not a Good Economist
In some anti-Fed, pro-fiat money circles (yes, they exist) you will actually hear defenses of Adolf Hitler’s economic policy, on the grounds that it yielded a super economy for Germany. Germany was engaged in military Keynesianism. These writers mistake this for prosperity. It’s the error… Read More
Did Romneycare Control Health Care Costs?
No. (I hope you were sitting down.) Writes Politico : Health care costs per capita were 27 percent higher in Massachusetts than in the rest of the country in 2004, two years before the state plan was signed, Holtz-Eakin says. By 2009, it was 30 percent higher… Read More
How to Spot Bad Arguments, and Make Good Ones
I first encountered Professor Gerard Casey of University College, Dublin, in 2004, when I was having a debate on economics with some pretty nasty people. Across the water he was giving a public lecture in my defense, but with one caveat: I wasn’t hardcore enough,… Read More
Mises Institute’s 30th Anniversary: Be a Part of It!
Check out my little testimonial about the importance of the Mises Institute , to me and to the world.