
Ludwig von Mises Institute "Created in 1913, the Fed was given enormous responsibility to protect the value of our currency. Yet in the last 96 years the U.S. dollar has lost more than 95% of its purchasing power. "
Source: online.wsj.com
Ron Paul and Jim DeMint call for an audit of the Federal Reserve. They write that we need to know who the Fed is giving money to, what types of securities are being purchased and what backs those securities, how much money is being paid for those securities, etc.

Ludwig von Mises Institute Jeffrey Tucker will be speaking on the evils of intellectual property tonight at Auburn University...the public is invited.

Ludwig von Mises Institute The FDA's push against caffeine and alcohol drinks is like an advertising campaign for Kahlúa
Source: mises.org
The world has an impression of the United States as a freewheeling, hard-drinking country where few things are regulated. The world should wake up to the reality that the United States is governed by a ...

Ludwig von Mises Institute "The goal of the university is to spread knowledge, not to grant a one-time use for what you learn in the classroom. The aim of an individual student is to gain knowledge that is used in every possible way for a lifetime — and to pass the ideas on to others."
Source: mises.org
Some Harvard professors are taking very seriously their "intellectual property rights" and have claimed copyright to the ideas that they spread in their classrooms. What prompted this was a website in which students posted their notes to help other students.

Ludwig von Mises Institute Despite enactment of tougher drug laws in Denmark, marijuana usage has failed to diminish.
Source: www.cphpost.dk
The Copenhagen Post - Official Danish News in English

Ludwig von Mises Institute
Is reality catching up to the centrally planned economy of China?
"Chang argues that inconsistencies in Chinese official statistics — like
the surging numbers for car sales but flat statistics for gasoline
consumption — indicate that the Chinese are simply cooking their books.
He speculates that Chinese state-run companies... are buying fleets of
cars and simply storing them in giant parking lots in order to generate
apparent growth."Read More
"Chang argues that inconsistencies in Chinese official statistics — like
the surging numbers for car sales but flat statistics for gasoline
consumption — indicate that the Chinese are simply cooking their books.
He speculates that Chinese state-run companies... are buying fleets of
cars and simply storing them in giant parking lots in order to generate
apparent growth."Read More
Source: www.politico.com
Some say a much-vaunted Chinese economic miracle is nothing but a paper dragon.

Ludwig von Mises Institute Credit expansion can bring about a temporary boom. But such a fictitious prosperity must end in a general depression of trade, a slump. ~Ludwig von Mises
RECENT ACTIVITY

Ludwig von Mises Institute discussed Recommended readings for teens on the Ludwig von Mises Institute discussion board.

Ludwig von Mises Institute discussed On Human Action (Ludwig Von Mises) on the Ludwig von Mises Institute discussion board.

Ludwig von Mises Institute discussed On Human Action (Ludwig Von Mises) on the Ludwig von Mises Institute discussion board.

Ludwig von Mises Institute discussed Recommended readings for teens on the Ludwig von Mises Institute discussion board.

Ludwig von Mises Institute Despite government efforts, the smoking rate has ticked upwardly. Blame is directed to state governments for slashing their tobacco-free campaigns; it is clear, however, that government intervention will not effect change in peoples' smoking behavior.
Source: online.wsj.com
Cigarette smoking rose slightly for the first time in almost 15 years, dashing health officials' hopes that the U.S. smoking rate had moved permanently below 20%.

Greetings LvMI facebook fans, As many of you know, Dr. Robert Ekelund is not only a brilliant Austrian Economist but also a highly skilled pianist. He is participating in the 2009 Cliburn YouTube Contest. Pianists from all over the world have submitted videos, via youtube, for public judgment. Dr...

Ludwig von Mises Institute The more is given the less the people will work for themselves, and the less they work the more their poverty will increase. ~Tolstoy

Ludwig von Mises Institute "When it comes to managing the business cycle, Keynesian and laissez faire economics have failed rather spectacularly, their prescriptions leading to increasingly violent bubbles and busts. For this reason there have been calls for a “new economics.” To get there, perhaps we just need to rediscover forgotten economists like Hyman Minsky and Ludwig von Mises."
Source: blogs.reuters.com
When it comes to managing the business cycle, Keynesian and laissez faire economics have failed rather spectacularly, their prescriptions leading to increasingly violent bubbles and busts. For this reason ...












