I missed this article when it came out, but Philipp Bagus deals clearly and to my mind persuasively with the vexed question of credit default swaps .
Austrian Economics, Tool of the Elite?
There’s a bizarre left-wing/LaRouchian claim going around that the Austrian School of economics is nothing more than a grandiose rationalization of world domination by the existing financial elite. The financial elite allegedly support Austrian economics for this reason. Leaving aside the general absurdity of the claim (are the financial… Read More
Phil Giraldi on Ron Paul and the Future
Counterpunch on Ron and the RNC
Jeff Taylor is a good guy who is hard to pigeonhole ideologically, but I think he’s an old-timey progressive who despises modern “liberalism” and has a soft spot for Ron Paul. Here’s his take on the RNC , which he’s reporting on for the leftist but interesting Counterpunch.
Ron Paul Has Left the Building
Ron Paul left the GOP convention unexpectedly early yesterday, and is back home in Texas. I don’t suppose this was part of the Benton/Tate playbook, so I consider it very good news indeed.
The Austrian School in the Present Crisis
From the Mises Institute’s summer Mises University program last month, here’s my talk on Austrian insights into the financial crisis, criticisms of the Austrian view, replies to those criticisms, and opportunities for the continuing spread of Austrian ideas. And here is the LearnAustrianEconomics.com page I mention… Read More
Ezra Klein Calls for Another Housing Bubble, Is Taken Down by Murphy
When I saw Bob Murphy give this talk, I knew right away this excerpt about the Washington Post‘s Ezra Klein needed to be a YouTube unto itself. That our society considers Klein and Matt Yglesias to have a lot of valuable things to say reflects… Read More
If the Candidates Had Competed Fairly and Honestly…
… Herman Cain says he’d be the nominee.
My Latest Video: The Euro in One Lesson
I know lots of Americans hate this subject, so here’s a quick primer. And here’s the page the video mentions.
God Bless America (and Prussia)
My favorite line from this week’s Messy Monday video from Blimey Cow , “Five Reasons College Might Be a Waste of Your Time.” (Thanks to Hosanna Myers.)