Link Parade: 4.10.15

Today is the Sound Money seminar at the Mises Institute. Tune in live!

  • 10am – Mark Thornton, “Money and the Development of Human Society: From Barter to Bitcoin”
  • 10:20am – Jeff Deist, “A Free Market in Money”
  • 11am – Dan Sanchez, “War and the Government Control of Money”
  • 11:20am – Jonathan Newman, “Inflation and Business Cycles”

The state government of California has imposed water restrictions on its citizens to combat the drought. Economists everywhere scream, “PRICES!” (Note each word is hyperlinked to a different source. All say the same thing. California needs a higher price of water so that the scarce resource may be allocated where it is most highly valued.)

Speaking of the drought in California, “America’s Finest News Source” has been on top of it: see here, and here. But my favorite thing about The Onion is when people don’t understand that it is satire. Thankfully, there’s a place just for those instances. Here are a couple on recent Onion articles. I especially like the guy that linked the wikipedia page for “Water” in his comment:

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