AUSTRIAN ECONOMICS ADDICT

The pen is mightier than the sword… (Photo credit: mbshane)

As Long As You Don’t Eat, Price Inflation Is Under Control, at economicpolicyjournal.com. Have you noticed that certain items, like raisins and tuna, have less in the box or can, for the same or higher price, than six months ago. Is this a way to hide inflation?

Airbnb And Its Enemies: Who’s Afraid Of A $10 a Night Sofa, by Jim Epstein, at reason.com. The free market finds a less costly way to provide a service, but the incumbents in the hotel industry try to get Government to stop this voluntary activity. When businesses lobby Government for protection from competition, it proves Government has exceeded its explicit constitutional powers.

Texas Oil Output Has Almost Doubled In The Last Two Years, by Mark J. Perry, at aei-ideas.org. The decisions of individuals, which is the market, is an unstoppable force. These economic forces are creating an oil boom. These same forces are working to correct Obamacare, which is why the President has stopped the implementation of some of the provisions.

The Huffington Post On Ludwig von Mises, at economicpolicyjournal.com. The fact that the Huffington post wrote an article about the great Austrian economist, Ludwig von Mises, gives us hope. This wouldn’t have happened just five years ago.

Is The Secular Bear About To Growl? at zerohedge.com. These are interesting charts about historical stock market run ups and declines. History isn’t a predictor of the future, it can only show past trends that may be similar to today. These trends are subject to change as the variables may not act as they did in the past.

Bitcoin Group To Meet With 7 Government Agencies, at economicpolicyjournal.com. The Government doesn’t like the free market, especially in money creation. Governments know if they lose their monopoly on money creation, their power will erode substantially because they won’t be able to fund their expansion.

NSA’s Surveillance  Programs Are The “Most Serious Attack On Free Speech We Have Ever Seen”, by Josh Levy, at informationclearinghouse.info. Government action creates incentives and constraints that individuals consider when they act. People will begin to censor themselves when they feel their speech is being monitored.

When It Comes To Obamacare, Ignorance Is Bliss For Young Americans, by Scott W. Atlas, at forbes.com. The administration is propagandizing young people into signing up for the health care exchanges, for one reason only. They want young people to pay more in insurance than they receive in benefits, essentially funding the Obamacare boondoggle. You got what you voted for.

A Truly Great Phony, by Thomas Sowell, at jewishworldreview.com. An article by Thomas Sowell, enough said.

Re-education At George Mason, by Walter E. Williams, at jewishworldreview.com. An article by Walter Williams, enough said.