The Drama of Human Action Aug 26, 2009
Seen from this perspective, the 1949 publication of Human Action must surely be recognized as a dramatic episode in the history of economics. At the outset of the 1930s the Austrian school of economics was recognized on the continent, in the United Kingdom, and in the United States as an important component of contemporary academic economics. (The American Conservative)
Time to get real Aug 20, 2009
Or 20 years in advance, even though the entire history of economics shows a 100% chance of economic doom in a sooner-than-later timeframe after letting a stupid government over-create as much money as it wants, regardless of the impact of Black Swan Events. And even so, I can't forecast it by saying, "We're freaking doomed!" when I know we are. (Asia Times Online)
Obituary: Laurence Moss May 1, 2009
He was the author of several books and many articles on the history of economics. Dr. Moss books include Mountifort Longfield: Ireland s First Professor of Political Economy and The Economics of Ludwig von Mises. (Brookline TAB, MA)
Job-saving nonsense Mar 25, 2009
Excitedly, I am planning to say to my boss, like Mr Greenspan has now famously said, that not only is nothing my fault, but that the true culprits may be forces - perhaps strange, malevolent-yet-evil forces - at work, which are already sinisterly creating excess money and credit "beyond the control of monetary policy"; so it could also be controlling people's thoughts, probably with some kind of secret, super ray-gun, or some new chemicals that they put into the water so that the strange... (Asia Times Online)
Unconventional stupidity Mar 24, 2009
Perhaps you are one of the people who noticed the four exclamation points that I added at the end of that sentence, which are there to correctly indicate to you that this idea to increase the money supply by printing money is the Single Stupidest Idea (SSI) in the whole history of economics for the last 4,500 years, and the reason that no nation does it is because it shows a serious mental defect in that nation's leaders, its universities, its news media, and the people themselves because it is... (Asia Times Online)