[Excerpt from the opening speech given at the Mises Institute’s 35th Anniversary gala in New York City, October 6, 2017.]Thank you Asheton. Thank you all so much for making the time to be with us here on this fantastic fall weekend in New York.”
Source: The Man the World (Still) Needs
Pro cashless economist on bitcoin.
“The price of Bitcoin is up 600% over the past 12 months, and 1,600% in the past 24 months. But the long history of currency tells us that what the private sector innovates, the state eventually regulates and appropriates – and there is no reason to expect virtual currency to avoid a similar fate.”
Source: Crypto-Fool’s Gold? by Kenneth Rogoff – Project Syndicate
“We have all the classic warning signs of a big market top…And yet people are mostly ignoring them.”
Source: The 5 Biggest Bubbles In Markets Today
“One of the most accusatory and negative words currently in use in various politically “progressive” circles is that of “Neo-Liberalism.” To be called a “Neo-Liberal” is to stand condemned of being against “the poor,” an apologist for the “the rich” and a proponent of economic policies leading to gre…”
Source: Neo-Liberalism: From Laissez-Faire to the Interventionist State
“The University of Chicago’s Richard Thaler has been awarded this year’s Nobel Prize in economics.”
Source: Thaler Wins Nobel
“Questions of economic development have long been long held a prominent position in economics. How did the most advanced economies get to where they are? What can less-advanced economies do to catch up with the leading pack?”
Source: Entrepreneurs Are the Key To Economic Development
“With Donald Trump in the White House, merrily tweeting whatever disruptive and disturbing sentiments erupt from his consciousness in the early morning hours, hysteria has become the default condition of our pundit class. Trump tweets that “only one thing” can stop Korean despot Kim Jong-un’s nuclear pyrotechnics, and the editorialists swing into action, while the …”
Source: Trump: Rhetoric vs. Reality – Antiwar.com Original
Medicare for all? Fuggedaboutit!
“A lot of leading Democrats want to extend Medicare to cover anyone who wants it, but if one doctor can bill for $20 million a year the system is broken…”
Source: Trial of Menendez & Melgen shows the flaws of Medicare
Lots of unanswered questions.
“Paul Craig Roberts raises a number of questions about the Las Vegas shootings. I share his observation that reporting today doesn’t provide the detail we want, and behind this are police and investigating authorities that do not provide the information we want. Services provided by public authorities are always second or third-rate and this includes investigation and communication. We can expect sloppy work as a general matter, even if some public employees are conscientious. Botched investigations by people not trained to ask all the pertinent questions and get the answers is par for the public services course. At least some … ”
Source: Stephen Paddock as Single Shooter – LRC Blog
“The latest “news” about Russia-gate is the contention that “Russian-linked” ad buyers purchased $100,000 worth of targeted Facebook ads during the 2016 presidential election. For the most part these ads didn’t urge support for any particular candidate, but, we’re told, they were “divisive,” “controversial,” and definitely Not Very Nice. So what did the ads say? …”
Source: The Campaign To Rein In the Internet – Antiwar.com Original
“The death spiral appears unstoppable, meaning the U.S. as we know it will no longer exist within a decade or, at most, twoSource: The End of Empire
