Economics

Archive for Economics

I thought this particular lecture (from the Mises Academy class that just ended, where we covered Ludwig von Mises’ Theory of Money and Credit) turned out pretty nicely. So I asked The Man if we could put it up for the world, and he agreed. Here is the audio: and here is the PowerPoint I […]

Tax Breaks and Gas Prices

Oh boy, you kids are in for a treat. John Connolly (the author of the recent guest post on being a Ron Paul delegate) spent some time setting up my YouTube capabilities. I’ll post a new video at least once a week, maybe more.

Market Monetarism Bask

Somebody help me out here: Scott Sumner is acting like Ben Bernanke is contradicting himself with current Fed policy, and yet the latest BLS report shows that over the last 12 months, the “core” price inflation rate was 2.2%. (The headline CPI rate year/year was 2.9%, while on the PPI we see that finished goods […]

Atlas, Flubbed

Daniel Kuehn, March 15, 2012: My reaction to the story itself (I’ve only read the first 100 pages or so of the book, and that was many years ago) was the same as the suspicions about it that I shared on here a couple months back after seeing the trailer: Ayn Rand really reaches for […]

Potpourri

* At the risk of giving students to my “competitors,” I draw your attention to the current offerings at the Mises Academy. Some new and interesting stuff. Oh to be a young student in 2012 was divine! * The Teacher’s Manual to my textbook Lessons for the Young Economist is now available. * Some neat […]

St. Patty’s Day Slug Fest: Murphy vs. O’Reilly

I forgot to blog this when it came out… At the Institute for Energy Research I wrote a blog post pointing out the nonsense behind Bill O’Reilly’s recent tirades against oil exports. Sample: Bill O’Reilly’s talking points against oil companies completely misconstrue the actual trade flows of crude oil and refined products. Yet even if […]

National Income Accounts Bask

OK kids here’s one for you (since the BEA keeps sending me to voicemail): If you look at the FRED data for current (i.e. nominal) expenditures, unless I’m doing the math wrong it shows that for a few years (particularly in the 1940s) total government consumption and gross investment is higher than total government expenditures. […]