Apropos Austrian Aphorisms

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The prescience of Hazlitt
Shortly after the erection of Fannie Mae, and nearly 30 years before that of Freddie Mac and the legislation of the Community Reinvestment Act, Henry Hazlitt was there. The voice of the Austrian school could see it with his refined eye, as only he could...

Posted by thedo | 1 comment(s)

When Words Disappear
It's always interesting to watch how a society's vernacular changes, to see new words added and old words subtracted. Additions bring the most fuss (see: text messaging). Subtractions often slip by the way side. The most striking example, today...

Posted by thedo | with no comments