Monday, March 31, 2014

Major in Economics, Get Lots of Offers

According to the National Association for Colleges and Employers, economics is the number 2 major to to generate a job offer before the student completes his course of study. Bully for economics!  I say come to Grove City College and major in the real deal: Economics as if Human Action matters. That is to say, economics in a causal-realist framework in the tradition of Menger, Bohm-Bawerk, Mises, Rothbard, Sennholz, and Herbener. If you do, you will study from the only undergraduate economics department with 100% full-time faculty representation at the most recent Austrian Economics Research Conference. You will also study from the works of the masters as well as what has been called "the gold standard of introductory treatments of economics in the causal-realist tradition."

Saturday, March 29, 2014

Ritenour on Power Trading Radio

Yesterday I was the guest on Power Trading Radio co-hosted by John O’Donnell and Merlin Rothfeld. Fun fact: John O'Donnell received his B. S. in science from Southwest Baptist University, where I used to teach before coming to Grove City College.

We talked about government statistics, the Federal Reserve, and the needless fear of lower prices. You can listen to the program by clicking here. The program often features Austrian economists on Friday afternoons at 6:00 pm Eastern and listeners can submit questions to the experts.You can watch a video of my appearance on the show by going to this page.

Monday, March 24, 2014

Jim Grant Explains Why Henry Hazlitt Is His Hero

Last Thursday, the ever-interesting Jim Grant gave the Henry Hazlitt memorial lecture at the Austrian Economics Research Conference hosted by the Ludwig von Mises Institute. Grant is the editor of Grant's Interest Rate Observer and was his normal self: provocative, insightful, analytically sound, and humorous--often all at once. Treat yourself to his lecture below:

A personal highlight of the conference was my meeting him and his graciously autographing my copy of his Money of the Mind.

Tuesday, March 11, 2014

An Unexpected Source of Human Flourishing

Economists at the Brookings Institute bring the happy news that the United Nations’ goal to reduce the number of people in extreme poverty by fifty percent by 2015 has likely already been met.

This blessing has occurred through the benefits of international trade and the global division of labor.