Comments regarding Stimulus from Cafe Hayek

Sinkorswimulus–we just had to pass it. We didn’t have a choice Head-I-win-tails-u-lus–if the economy gets better—it was because of the stimulus. If it tanks further, the stimulus just wasn’t big enough Grimulus–what I’m worried we’re in for Grimmulus–the fairy tale that spending a dollar produces $1.50 of wealth. Advertisements

Jaguar Inflation

Daily Article by Robert R. Prechter, Jr. | Posted on 2/19/2009 12:00:00 AM [The original version of this article appeared in the February 20, 2004 issue of The Elliott Wave Theorist, a year before the housing-credit bubble burst. An MP3 audio file of this article, read by Dr. Floy Lilley, is available for download.] I…

GM and Chrysler Go To Washington, Hat In Hand

Kurt Bouwhuis, Mackinac Center Intern General Motors and Chrysler requested a combined $21.6 billion Tuesday [February 17,2009] on top of existing federal loans due to worsening demand for cars and trucks. – CNN.com Go to 1:30.  Peter Schiff continues to layout precisely what is going to happen. (Clip from December, 2008)

Is Economics a Science?

Kurt Bouwhuis, Mackinac Center Intern EconTalk host Russ Roberts talks about the role of empirical evidence and bias in economics and why economists disagree.  Is approximately an hour and 15 minutes but well worth your time.  If you are on a huge time crunch, the first 40 minutes will suffice. Click here to listen

Great Buchanan Quote – Public Choice

“The differences in the predicted results stemming from market and political interaction stem from differences in the structures of these two institutional settings rather than from any switch in the motives of persons as they move between institutional roles.” – Buchanan’s Nobel Lecture