A Blog about economics, politics, beer, and whatever else strikes our fancy.
Posted in Uncategorized on Jan 27th, 2010
GMU Economics Professor and author of “the Price of Everything” and “The Invisible Heart”, Russell Roberts finally released the first economic rap video on econstories.tv. It features Lord John Maynard Keynes and Friedrich A. Hayek battling on the causes and cures of economic recession. Economic students should watch it. It’s very entertaining but also very [...]
Posted in Uncategorized on Sep 2nd, 2009
Allan Meltzer tries to put to a rest this silly statement that “the current recession is the worst since the Great Depression.” Economists, politicians, and members of the media can keep telling to people and themselves that this is the case, it does not make it truer. Any serious student of the Great Depression knows [...]
Posted in Uncategorized on Aug 20th, 2009
Israel Kirzner, Professor Emeritus at New York University and former student of Ludwig von Mises, gave this summer the opening lecture at the Foundation for Economic Education Advanced Austrian Economics seminar. The FEE just posted the video on its website. You can see it here: Israel Kirzner on Austrian Economics
Israel Kirzner is more than a [...]
Posted in Uncategorized on Aug 20th, 2009
For everybody interested in knowing how the US Economy is doing, here is a broad picture in real time:
http://www.usdebtclock.org/
The important parts are obviously the US National Debt, the Medicare/Medicaid liabilities, the Social Security liabilities, and the Prescription Drugs liabilities. How do you think all of this will look like if the U.S. adopts some kind [...]
Posted in Uncategorized on Aug 2nd, 2007
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