August, 2012 // Posts published in August, 2012
Ron Paul: “I don’t like politics at all… What I’m talking about is an ideological revolution”
Ron Paul interviewed today on Bloomberg: Reporter: “As you are reflecting back on your campaign, are you unhappy with your party?” Ron Paul: “Well, it’s not my party. I don’t like politics at all… As far as being pleased I am super pleased with what’s working… I am super-energized and optimistic about what’s happening, because ...
CNBC’s Carney on the Chimera of Price Stability
CNBC’s John Carney schools Krugman and other critics of the gold standard on the Austrian rejection of the chimera of price stability (the Monetarist half of the Fed’s “dual mandate”), citing Rothbard, Salerno, and Herbener (emphasis added): In a piece for the Atlantic, Matthew O’Brien attempts to demonstrate “Why the Gold Standard Is the World’s Worst ...
Two Days of Truth Telling
Join me along with a great lineup — including Peter Schiff, David Stockman, and Lew Rockwell — at the Mises Institute’s Mises Circle in Manhattan on September 14. Details here (and Facebook page here). I’ll also be speaking that night at the Fifth Annual Ron Paul Freedom Dinner (limit 100). The next day, September 15, an event featuring several Mises ...
Period of Production, Duration of Serviceableness, and Period of Provision
“The concepts of period of production [i.e., time-period AB] and duration of serviceableness [of the consumers' good, i.e., time-period BC] are present in all human action. There is also a third time-period that enters into action. Each person has a general time-horizon, stretching from the present into the future, for which he plans various types ...
Was Mises Bankrolled by the Financial Elite?
I know I am spending too much time on these crazy LaRouchian claims — see my post on the argument that Austrian economics benefits the plutocrats, and therefore has been promoted by them. You will hear it mentioned that the Rockefeller Foundation funded Ludwig von Mises, and that this proves Austrian economics is supported by the elites, ...
Another Falsehood Swatted Down
Tom Woods and Guido Hulsmann explode the ridiculous contention that Ludwig von Mises was an apologist for the power elite.
US-Backed Yemeni Regime Collaborates With, Supports al-Qaeda
Foreign Policy reports there are “many Yemenis who have come to suspect that their government is not fighting, but helping cultivate, jihadi activity in their country.” According to sources in Yemen’s Interior Ministry and Defense Ministry, as well as independent Yemeni analysts and journalists with intimate knowledge of al Qaeda in Yemen, the Yemeni government ...
John Bolton Shockingly Denies Being a ‘Terrorist Supporter’
The American Conservative’s Jordon Bloom ran into a befuddled John Bolton at the Republican National Convention yesterday and had a timely questions for him: He was on his way in to observe the speeches, and I knew he wouldn’t have much time to answer more than a question or two in passing. So I asked ...
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