Addendum to Robert Murphy's Lecture (My 2 Cents) by Alex Merced This is just some comments to add my two cents to Robert Murphys Responses to Critics of Austrian Economics . Critic: How come unemployment wasn't the worst in the states that had the worst housing busts if it's a mal-investment...
How do you read the Economy? by Alex Merced Many people always ask me, since I'm so critical about using any type of statistics to measure whether the economy is doing well or bad, how would I measure the performance of the economy? I wouldn't, while I believe some economic environments are better...
The Illusion of a "Standard" of Life by Alex Merced Government constantly uses the concept of a "standard" of life in justifying it's policies in the name of improving this standard. Can there really be a standard, this is only possible if you believe in objective values and that...
I saw this from the New York Times yesterday. Originally I wanted to put up a post that asked the following question: For how long will America continue to set new records in the realm of incarceration and punishment trends without a serious call for...