USA TODAYUS-China talks begin amid tensionFinancial TimesBy Simon Rabinovitch in Beijing Just a day after China blasted the US for meddling in its domestic affairs, Hu Jintao, Chinese president, welcomed US officials at their annual bilateral summit. â…
Bastiat noted that “Life, liberty, and property do not exist because men have made laws. On the contrary, it was the fact that life, liberty, and property existed beforehand that caused men to make laws in the first place.” von Mises and Hayek cham…
Right, with that little bit of steam blown away, let us look away from morons on beaches to morons in markets and especially at the archaic world of asset-backed securities (ABS); that financial juggernaut which constitutes the largest category of debt…
