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California takes hands-off approach to homeschoolers

The new state superindendent Jack O'Connell asked for a review of the prior superindendent Delaine Eastin's policy that essentially made homeschooling illegal in California [via Joanne Jacobs].

State officials are now in the process of revising legal and informational documents to remove references regarding the illegality of homeschooling.

North Korea's 'special' meat

As North Korea continues to collapse ever further toward the event horizon of socialism's black hole, horrific stories continue to leak out to the Western media. Refugees who have fled the workers' paradise are reporting incidents of cannibalism at an increasingly frequent rate. Read more »

Alan Greenspan teaches youth 'financial literacy'

Alan Greenspan visited a Washington DC middle school yesterday to give the youth of America a lesson in 'financial literacy.' Among other happenings during his trip, he was given the appellation of 'honorary black man.'

Alan Greenspan, the Federal Reserve chairman who is often called the second-most-powerful person in the United States, was made an honorary black man yesterday.

He was also called "a bad brother."

McTeer's paradox

Ramesh Ponnuru asks "But [Robert McTeer] endorsed, in his piece, both Keynes's ?paradox of thrift? and Bastiat's ?parable of the broken window.? Aren't these lessons contradictory?"

Yes they are. As I wrote in a previous post, the approach that Austrian economics takes is called praxeology - the study of human action. Human action, at the individual level, can show us why these two lessons are contradictory. Read more »

Jim Henley on Hayekian foreign policy and libertarian morality

Jim Henley extends the fatal conceit to foreign interventionalism: Read more »

Dean Esmay declares jihad

Dean Esmay declares jihad on Blogspot and makes a generous offer to all you Blogspot users at the same time. Although we started out on Movable Type and have no experience using Blogspot, if Dean is willing to set things up, 90% of the work will be done. The remaing 10% - personalizing the blog - with MT is relatively easy.

Internet as kosmos

Glenn Reynolds takes us back 10 years to when the internet revolution was just beginning to hit mainstream computer owners.

Just try this thought experiment: Imagine that it's 1993. The Web is just appearing. And imagine that you - an unusually prescient type - were to explain to people what they could expect in the summer of 2003. Universal access to practically all information. From all over the place - even in bars. And all for free!

The value of a PhD

How many times have you heard someone say, "The solution is education," in response to an endless list of social problems. Or, "Society needs educated people in order to thrive," or "The best thing we can do for the youth of America is give them a proper education"? Education is often regarded as the modern day panacea for societal ills. Pick a problem, any problem, watch some TV, and a talking head will propose education as the solution. Read more »

Visitors from the Mises blog

Welcome Mises Blog readers! Read more »

Praxeology - the study of human action

The Austrian school approach to economics was named for its Austrian founders Carl Menger and Eugen von B?hm-Bawerk, and its Austrian champions Ludwig von Mises and Friedrich von Hayek. In the United States, it was further promoted by Murray Rothbard and others.

The approach of the Austrian school of economics is called praxeology, which is defined as the study of human action. Read more »

The Austrian School...

Welcome visitors from NRO and others. Unfortunately, as Brian stated this blog has just been started, and we are still trying to get up to speed. As Ramesh Ponnuru mentioned, one of the perspectives that we take at Catallarchy is the Austrian-school approach to economics. So I am going to make a couple of posts as a basic introduction to one aspect of the Austrian approach - the study of human action at its most basic level. Read more »

Who seeks Utopia?

Supporters of voluntary exchange and civil society as a means to achieve individual ends are often criticized as being 'utopian.' Thomas Sowell [via DCthornton] sees a different origin for utopian ideas:

The most casual glance at countries around the world makes it painfully and inescapably clear that most are much worse off than the United States -- not just in economic terms, but even more blatantly in terms of elementary freedoms and ordinary decency.

Crozier on blogging

Patrick Crozier of Croziervision makes a thoughtful post on how blogging has the power to change the political dialogue of today's society. Even though I daily watch CNN, Fox, MSNBC, etc., months can go by without hearing the word "libertarian" ever being spoken on TV. The first time I ever heard a thoughtful defense of basic libertarian philosophy was on an internet message board. Patrick questions whether blogging is effective in getting ideas across: Read more »

Patriotism vs. nationalism

Is there any good reason for a person to feel proud of their country? Or is such expression simply an irrational emotional sentiment? The movie Gladiator provides some fodder to discuss these questions.

The Gladiator Maxiumus, after the battle against the barbarian tribes of Germania at the beginning of the movie, appears weary of war. When two of his men ask him for his future plans, Maximus reveals that he is first and foremost a family man.

VALERIUS: Back to your barracks, General, or to Rome?

MAXIMUS: Home. The wife, the son, the harvest.

Iraq needs liberty, not democracy

Much has been made of the goal of democracy in Iraq. The blogosphere is full of "Support Democracy in Iraq" side-banners. Read more »