Making Economic Sense

Title Page......Page 1
Contents......Page 3
Preface......Page 9
Introduction to the Second Edition......Page 11
Making Economic Sense......Page 19
1. Is it the \"Economy, Stupid?\"......Page 21
2. Ten Great Economic Myths......Page 25
3.Discussing the \"Issues\"......Page 37
4.Creative Economic Semantics......Page 41
5.Chaos Theory: Destroying Mathematical Economics from Within?......Page 43
6.Statistics: Destroyed from Within?......Page 46
7.The Consequences of Human Action: Intented or Unintended?......Page 49
8.The Interest Rate Question......Page 51
9. Are Savings Too Low?......Page 55
10. A Walk on the Supply Side......Page 58
11. Keynesian Myths......Page 61
12. Keynesianism Redux......Page 63
The Socialism of Welfare......Page 69
13.Economic Incentives and Welfare......Page 71
14.Welfare as We Don\'t Know It......Page 74
15.The Infant Mortality \"Crisis\"......Page 76
16.The Homeless and the Hungry......Page 80
17. Rioting for Rage, Fun, and Profit......Page 82
18.The Social Security Swindle......Page 86
19. Roots of the Insurance Crisis......Page 89
20.Government Medical \"Insurance\"......Page 92
21.The Neocon Welfare State......Page 95
22.By Their Fruits.........Page 99
23. The Politics of Famine......Page 102
24. Government vs. Natural Resources......Page 105
25.Environmentalists Clobber Texas......Page 107
26. Government and Hurrican Hugo: A Deadly Combination......Page 110
27.The Water is NOT Running......Page 114
Politics as Economic Violence......Page 119
28. Rethinking the \'80s......Page 121
29. Bush and Dukakis: Ideology Inseperable......Page 124
30.Perot, the Constitution, and Direct Democracy......Page 128
31.The Flag Flap......Page 131
32.Clintonomics: The Prospect......Page 134
33.Clintonomics Revealed......Page 137
34.Price Controls are Back!......Page 141
35.The Health Plan\'s Devilish Principles......Page 145
36.Outlawing Jobs: The Minimum Wage, Once More......Page 151
37.The Union Problem......Page 154
38.The Legacy of Cesar Chavez......Page 158
39.Privatization......Page 162
40.What To Do Until Privatization Comes......Page 164
41.Population \"Control\"......Page 168
42.The Economics of Gun Control......Page 171
43. Voucers: What Went Wrong?......Page 174
44.The Whisky Rebellion: A Model For Our Time?......Page 178
45.Eiznerizing Manassas......Page 182
Enterprise Under Attack......Page 185
46.Stocks, Bonds, and Rule by Fools......Page 187
47. The Salomon Brothers Scandal......Page 191
48. Nine Myths about the Crash......Page 194
49. Michael R. Miliken vs. The Power Elite......Page 199
50. Panic on Wall Street......Page 203
51.Government-Business \"Partnerships\"......Page 207
52.Airport Congestion: A Case of Market Failure?......Page 210
53. The Specter of Airline Re-Regulation......Page 213
54.Competition at Work: Xerox at 25......Page 217
55.The War on the Car......Page 219
Fiscal Mysteries Revealed......Page 225
56. Are We Undertaxed?......Page 227
57.The Return of the Tax Credit......Page 230
58.Deductibility and Subsidy......Page 233
59.The Gasoline Tax......Page 235
60.Babbitry and Taxes: A Profile in Courage?......Page 239
61.Flat Tax or Flat Taxpayer?......Page 242
62. Mrs. Thatcher\'s Poll Tax......Page 245
63. Exit the Iron Lady......Page 248
64.The Budget Crisis......Page 251
65.The Balanced-Budget Amendment Hoax......Page 254
Economic Ups and Downs......Page 259
66.The National Bureau and Business Cycles......Page 261
67. Inflationary Recession, Once More......Page 264
68.Deflation, Free or Cumpolsory......Page 268
69. Bush and the Recession......Page 272
70. Lessons of the Recession......Page 276
71.The Recession Explained......Page 282
The Fiat Money Plague......Page 287
72.Taking Money Back......Page 289
73.The World Currency Crisis......Page 313
74.New International Monetary Scheme......Page 318
75.\"Attacking\" the Fanc......Page 320
76.Back to Fixed Exchange Rates......Page 324
77.The Cross of Fixed Exchange Rates......Page 329
78.The Keynesian Dream......Page 333
79.Money Inflation and Price Inflation......Page 335
80. Bank Crisis!......Page 339
81. Anatomy of the Bank Run......Page 343
82.Q & A on the S & L Mess......Page 346
83. Inflation Redux......Page 351
84.Inflation and the Spin Doctors......Page 354
85. Alan Gressnpan: A Minority Report on the Fed Chairman......Page 357
86. The Mysterious Fed......Page 359
87.First Step Back to Gold......Page 362
88.Fixed-Rate Fictions......Page 365
Economics Beyond the Borders......Page 371
89.Protectionism and the Destruction of Prosperity......Page 373
90. \"Free Trade\" in Perspective......Page 385
91.The Nafta Myth......Page 388
92.Is There Life After Nafta?......Page 393
93.\"Fairness\" and the Steel Steal......Page 396
94.The Crusade Against South Africa......Page 401
95.Are Diamonds Really Forever?......Page 403
96.Oil Prices Again......Page 406
97.Why the Intervention in Arabia?......Page 410
98. A Trip to Poland......Page 415
99. Peru and the Free Market......Page 417
100. A Gold Standard for Russia?......Page 420
101. Should We Bail Out Gorby?......Page 422
102. Welcoming the Vietnamese......Page 426
The End of Collectivism......Page 429
103. The Collapse of Socialism......Page 431
104.The Freedom Revolution......Page 434
105.How to Desocialize?......Page 437
106.A Radical Prescription for the Socialist Bloc......Page 440
107.A Socialist Stock Market?......Page 443
108. The Glorious Postwar World......Page 446
109. The Revolution Comes Home......Page 449
110. The Trouble with the Quick Fix......Page 454
Our Intellectual Debts......Page 459
111.William Harold Hutt: 1899-1988......Page 461
112.Friedrich August von Hayek: 1899-1992......Page 464
113: V. Orval Watts: 1898-1993......Page 468
114: Ludwig von Mises: 1881-1973......Page 470
115: Margit von Mises: 1890-1993......Page 473
116. The Story of the Mises Institute......Page 476
Postscript......Page 483
117. The November Revolution...And What to Do About It......Page 485
Index......Page 517