Pat The Cat (Video)
Talk about being demanding! This Scottish Fold cat just can’t get enough petting.
Category: Articles
6 Secrets Of Effortless And Effective Blog Post Writing
I wrote this post in just 25 minutes – not a joke. You may wonder “How can I?”.
Feb 17, 2012 | 0 comments | View Post
Deflation's Inflationary Source
A cry heard often today — both on the west and east sides of the Atlantic — is that inflation levels are dangerously low. While most central banks target a price inflation level of around 2–3 percent, general price indexes of most Western countries are falling below the lower bound of that target
Feb 16, 2012 | 0 comments | View Post
Jeremy Bentham: From Laissez-Faire to Statism
[ An Austrian Perspective on the History of Economic Thought (1995)] Jeremy Bentham (1748–1832) began as a devoted Smithian but more consistently attached to laissez-faire. During his relatively brief span of interest in economics, he became more and more statist. His intensified statism was merely one aspect of his major — and highly unfortunate — contribution to economics: his consistent philosophical utilitarianism.
Feb 16, 2012 | 0 comments | View Post
Barter in Prehistoric Times
[ The State (1908)] The psychological explanation of barter has brought forth the theory of the marginal utility, its greatest merit.
Feb 15, 2012 | 0 comments | View Post
Libertarian Centralizers
In his defense of the constitutionality of Lochner v. New York against the critics in the last issue of Claremont Review of Books , professor Richard Epstein invokes the Privileges and Immunities Clause of the 14th Amendment.
Feb 15, 2012 | 0 comments | View Post
Further Implications of Human Action
[ Man, Economy, and State (1962)] 1.
Feb 14, 2012 | 0 comments | View Post
USPS: The Cursed Carriers
“The United States has a long and healthy history of entrepreneurial disobedience.” From the original conception of the United States Postal Service in the 1700s to the technologically advanced market of today, the words that enumerated to Congress the power to “establish Post Offices and post Roads” have never been more than a waste of ink.
Feb 14, 2012 | 0 comments | View Post
Street Freak
[ Street Freak: Money and Madness at Lehman Brothers • By Jared Dillian • Simon and Schuster, 2011 • 368 pages] Wall Street traders, like high-stakes poker players, are a different breed. The constant pressure, the appetite for risk, the ability to think and react in split seconds, all the while calculating odds in their heads that most can’t do with an HP12C.
Feb 13, 2012 | 0 comments | View Post
Cyclical Changes in Business Conditions
[ The Causes of the Economic Crisis and Other Essays Before and After the Great Depression ] The Role of Interest Rates In our economic system, times of good business commonly alternate more or less regularly with times of bad business. Decline follows economic upswing, upswing follows decline, and so on.
