Tue 22 Jan 2008
We have been staying up late and getting up late with our visitors and I am not ready with my readings, but for the diligent people let’s get the show on the road. I was extremely happy with last week’s discussion on a couple of the blogs and I am pretty sure we haven’t plumbed the depths of those issues yet. I love that we are getting different perspectives and also how nicely this dovetails with the presidential election.
By the way, I just got this fascinating course description in my email from Memoria Press. Hazlitt and Wendell Berry sounds like a fantastic course!
Tuesday 1/22
Chapter 13 “Parity” Prices
Chapter 14 Saving the X Industry
Chapter 15 How the Price System Works
Chapter 16 “Stabilizing” Commodities
Chapter 17 Government Price-Fixing
Chapter 18 What Rent Control Does
Next week’s readings:
Tuesday 1/29
Chapter 19 Minimum Wage Laws
Chapter 20 Do Unions Really Raise Wages
Chapter 21 “Enough to Buy Back the Product”
Chapter 22 The Function of Profits
Chapter 23 The Mirage of Inflation
Chapter 24 The Assault on Saving
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Six chapters didnt seem like too much to cover when I first developed the reading plan last December. Now it is clear that there are way too many topics to cover each week; and so I hope participants (read Cindy) will feel free to focus on just one or skip
I am sooooooooo glad that I didnt notice the discussion over the weekend at Ric’s blog. I never intended our book club to be a treatise on the merits of capitalism. I was just hoping to open the eyes of the ordinary homemaker to the underlying economic lessons that the MSM (as Carmon says = main stream media).
Looking forward to this week’s comments.
Comment by Dana (January 22, 2008 @ 5:30 am )
that the MSM ignores.
yes, my children say I forget to finish sentences all the time
Comment by Dana (January 22, 2008 @ 5:31 am )
Dana,
I guess everyone is behind a bit on this one. But the Linky will be here all week.
Comment by Cindy (January 22, 2008 @ 11:35 am )
Sounds like I need to head over to Rick’s blog…
Comment by Brandy (January 22, 2008 @ 12:32 pm )
I thought that course sounded very interesting, too!
Comment by Kathleen (January 23, 2008 @ 10:51 am )
I’m sorry I’m late. Glenn leaves for Korea on a few days, so we’re trying to spend every single minute with him. But I really enjoyed this section, and had I had the time, could have written about “saving” particular industries, too, so I hope someone else will comment on that!
Comment by Laura D. (January 23, 2008 @ 3:06 pm )
Just wondering if any of y’all have been reading about the Keynesian Kool Aid that the economists have been drinking lately?
Cool phrase, huh?
Comment by Dana (January 24, 2008 @ 7:24 am )
I’m late, too, but will be chiming in soon with something I think y’all will like.:lol:
Anna’s gone, so things are a bit topsy-turvy. I know exactly what you mean about “going back to work,” Cindy. She’s coming home tomorrow, yay!
Comment by Carmon (January 24, 2008 @ 11:47 am )
Just for fun…Dr. Seuss joins the conversation…
Comment by Brandy (January 24, 2008 @ 2:34 pm )
[...] I won’t get into trade imbalances made worse by export subsidies, price parity, price-fixing, etc., except to say that as I read about the many hands being held out for their “fair share” of the pork belly, all I could think of was Willy Wonka and Veruca Salt saying, “I want it, and I want it NOW!!” Some of the others in this discussion did some fine analysis of those things. [...]
Pingback by Buried Treasure Books: Weblog » Economic Corrections (January 28, 2008 @ 10:35 pm )
Well, finally wrote about this one. Maybe I’ll manage the last chapters before next year!
Comment by Carmon (January 29, 2008 @ 11:06 am )