By DCT | December 25, 2009
By Peter Boettke: Posted at The Austrian Economist
Christopher Warren published a book entitled Congress as Santa Claus in 1932. He put the following question to his readers:
If a law to donate aid to any farmer or cattleman who has had poor crops or lost his cattle comes within the meaning of the [...]
By DCT | November 19, 2009
Scott Beaulier, and , Peter L. Boettke, Commentary: East Valley Tribune.com
November 16, 2009 - 11:47AM
The Treasury Department — whose mission has ostensibly expanded to include management of government finances, the promotion of economic growth and stability, and the provision of safety, soundness, and security in financial systems — will hit its debt ceiling [...]
By DCT | November 10, 2009
Posted by Peter Boettke on November 08, 2009 at 09:25 AM at The Austrian Economist
November 9th 1989 — forgive me if I still get choked up about it 20 years later — is a critical date in modern history whose significance should never be forgotten. Those of us who believe strongly in the freedom [...]
Defining the Extent of the Market: the Whole Foods Case
Mises Daily by Art Carden | Posted on 6/2/2009 12:00:00 AM
On June 28, 2007, the Federal Trade Commission issued a formal “administrative complaint” to block the proposed merger between premium grocers Whole Foods Market and Wild Oats Market. They claim that it would reduce [...]
Posted in Economics 101 | Also tagged Apple Computer, Big Macs, Burger King, Costco, Federal Trade Commission, FTC, IPod, Kroger, McDonalds, Mises Daily, Mises Institute, MP3 Players, NAIC, Peter Leeson, Sam's Club, Terry Leahy, Tesco, Wal-Mart, Whole Foods, Wild Oats Market, Zune |
Just a quick introductory note to the piece by Peter Boettke, you must keep reading, past the first two points, to get the the meat of Boettke’s brilliant insights to Obama’s rhetoric and reality. If you stop before then you might think Boettke is making an apologetic for Presient Obama. He is not.
Posted [...]
By DCT | February 25, 2009
For Freedom’s Sake was launched with a commitment to bring our readers the best and most thoughtful analysis which will help you navigate through the fog of the political rhetoric that obfuscates the loss of our freedoms as government, of any stripe, encroaches upon them. In that vein, I must recommend that you read [...]
By DCT | February 20, 2009
Post by Dr. Peter Boettke
I remained amazed concerning the mass hysteria of my chosen profession in times of adjustment. Why do we even talk of “depression economics” as if the lessons of economic science drastically change? Would it make sense to talk of “depression physics” or “depression biology”? Wouldn’t the teachings of [...]
Posted in Economics 101, Free Markets | Also tagged Center for the Study of Public Choice, F. A. Hayek, George Mason University, Henry Simons, Human Action, James Buchanan, Keynesianism, Ludwig von Mises, Public Choice Theory, Richard Wagner, The Austrian Economists, THe Constitution of Liberty |
By DCT | January 26, 2009
Dr. Peter Boettke, University Professor of Economics at George Mason University writes,
“…The US has made a lot of bad policy choices that violate the teachings of basic economics and common-sense for over half a century. We have not yet destroyed the US economy through these choices, but we are potentially on that path. The most [...]