The Iron Law- June 28, 2008 Over at The Austrian Economists, Pete Boettke offers a provocative post on the state of political discourse in the U.S. in 2008. He concludes this way: Pivotal times require pivotal people. Think of the economists in the 1970s that could articulate the case for limited government: Friedman and Hayek lead the list, but also Buchanan and Stigler, Becker and Coase, Alchian and Demsetz, Meltzer andhttp://www-rcf.usc.edu/~pgordon/blog/2008/06/iron-law.html They walk among us- June 24, 2008 Price adjustments are essential and the key to market magic. That's what we teach. We probably do not spend enough time teaching that all hell breaks loose when prices adjust and that politicians (and many others) say (and often do) the dumbest things. Both presidential candidates have figured out that "the speculators" are to blame -- and that its high time to do something about them. Thishttp://www-rcf.usc.edu/~pgordon/blog/2008/06/they-walk-among-us.html |