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European Budget Bask

For my class on the sovereign debt crisis, I’d like to look at the budgets (absolute money units of both expenditures and receipts, not just deficits as % of GDP) over the last few years from the PIIGS. Any ideas on where I can get this stuff, besides wading through the websites of the various […]

Stephan Kinsella on Intellectual Property

This was his talk at Mises U this year. I didn’t watch it live, but just caught it while balancing my checkbook. (Feel free to steal my idea; I won’t sue.) The Q&A is really good.

Who Said It?

It is a terrible blemish on the mixed economy and a sad reflection on my generation of economists that we’re not the Merlins that can solve the problem. Inflation is deep in the nature of the welfare state. Even when there is slack in the system, unemployment doesn’t exert downward pressure on prices the way […]

Sovereign Debt Crisis Bask

I’m gathering reading materials for my upcoming quickie course on the sovereign debt crisis. Topics include the housing bubble (from a global perspective–i.e. which countries were hit and by how much), the formation of the euro (and theory of optimal currency area), the fiscal situation in various countries, and the chronology of interventions. If you’ve […]

Griping About My Mac

I realize this is going to be more controversial than the work of Charles Murray, but sorry Mac fans: I switched earlier this year and I don’t see what the big deal is. I am probably going to stay a Mac user because they are just so much prettier, but that’s hardly what I thought […]

On Cash Balances and Saving

First, I have to apologize if I have sounded condescending to those who have questioned my views on cash balances and savings. I truly thought I was relaying standard economics–including the views of Austrian economists–and that’s why I was at times impatient with the challenges. However, since one of the leaders of the modern Rothbardian […]

WordPress Messes With My Comment Settings Again

Sorry, don’t know why the comments were closed on some of the recent posts. As always, that wasn’t conscious on my part. I can’t stand it when bloggers post something provocative and then close the comments. (But maybe now I have to be less judgmental; maybe WordPress is messing with those people too.)

Checkmate

I lied when I said I was done posting on this topic. But now I’m truly done. If the following doesn’t convince you folks that Wenzel/Major Freedom got off on the wrong footing, I don’t know what else would. Major Freedom in one thread writes: “Investment and consumption, THOSE are commensurable concepts. They are both […]