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Should We Fear Inflation?

In addition to arguing over the existence of a “credit crunch,” we libertarian economists can’t even decide on the sign of price changes over the next six months. (Really, I feel I should go apply at the IPCC.) For example, I’m currently throwing down with Mike Rozeff on the Mises blog about gold prices. Robert […]

IER Commercial

Ah, it brings a tear to my eye every time I watch it. (BTW, they don’t feature me because we don’t want Greenpeace knowing what I look like.) It’s actually Silas’ birthday today! This one’s for you. Joking aside, here is the “Help Us Fight Back” page where I got this, and here is IER’s […]

Is Gold Going Up or Down?

Michael Rozeff goes into the pit of lions to argue that gold is overvalued. (Really, look at how defensively written his article is. I bet he gets at least 25 LRC readers emailing him in outrage.) Rozeff is a sharp guy, and (like him) I was surprised that the CPI figures apparently aren’t too bad […]

The Best Comment So Far at Free Advice

Coming from Joe, a former student: I always thought you were a really good teacher and I’m still kicking myself for not taking your Game Theory class. I still remember you coming into the Austrian class with absolutely no notes or outline and still delivering a structured, organized lecture without forgetting anything. What Joe doesn’t […]

Why "APR" on Small, Short Loans Can Be Misleading

On a recent MR thread, Tyler Cowen was pointing to ridiculously high APRs on certain consumer loans, and speculating on the reason for their existence. My good friend Silas (aka Person) was the first to provide the solution, namely that people were paying 35 pounds for convenience; they weren’t taking out a loan with 222% […]

A Synergy Between Austrian Business Cycle Theory and Best Business Practices?

(Yes I am purposely using buzzwords…) Barry Linetsky sent me a note saying he liked my sushi article, and that it dovetailed with his own management philosophy of “Achieving More By Doing Less.” If you scroll through, you’ll see some charts that look vaguely like Hayekian triangles!

Don’t Vote! A "Parody" That Just Proves the Point

So Bryan Caplan was on a 20/20 spot on why too many ignorant people are voting. For whatever reason, the piece came off as a hit job on young people. (First clip below.) In response, some pro-voting group made a parody, that showed why older people shouldn’t vote (second clip below). But far from refuting […]

Econ Bloggers Gain Clout

I saw this article linked from MR, and then Robert Wenzel just emailed it to me. Naturally it features plenty of quotes from my favorite blogger. It also says that MR gets 25,000 viewers a day. Hmm, we’re not quite there yet, kids. But just be patient.