A thinker’s journey is never done. But at this stage in mine, to me it seems evident that the thought of Ludwig von Mises is, thus far, the apogee of man’s age-old quest for soundness of thought. In the blog posts that follow, I will put that impression to the test in reflections on the history of “big ideas”, viewed through the lens of Mises’ thought.Join the discussion and post a comment

Someone on this blog alerted us to the fact that Human Action is priced at $20 in the printed catalog, clearly a typo. What can we do but comply? Meanwhile, the staff here will continue to point fingers at each other.Join the discussion and post a comment

When we think of the libertarian tradition, we tend naturally to think of political philosophers and economists of the past. But one part of the libertarian tradition belongs to novelists and other fiction writers. FULL ARTICLE by Jeff RiggenbachJoin the discussion and post a comment

Last week I wrote:
Full-out patent war against an equally matched competitor means mutually assured destruction … so large companies inevitably settle and use their patents to keep new innovators out.
As if to prove my point, Fortune quotes Oppenheimer’s Yair Reiner who says that is exactly what is happening:

Facebook has decided it better ramp up a larger data storage facility in Prineville, Oregon. According to the Wall Street Journal, the company will spend $175 million building 145,000sf over the next three years. Facebook paid $3 million for the 124 acres last year, so the lion’s share is going into the building–almost $1,200/sf.That cost per square foot is reminiscent of high-rise condo prices per square foot at the top of the housing bubble.

We are so close to having 20,000 fans on the Mises Facebook group. Can you help get us there?Join the discussion and post a comment

Company A acquires Company B. Two years pass. An FTC administrative law judge decides the merger was bad for consumers — largely based on the testimony of “experts” who happen to be FTC employees. He says the merger should be undone. By restoring the market to its earlier state, things will be better.

Here is a fascinating piece on how China’s leading companies begin in “piracy”: