Douglas French Archive

R.I.P. Rocky

November 20, 2009 7:48 AM by Douglas French

While the debate is revving up in Washington this week to decide how the government intends to take over the healthcare industry, the passing of my childhood doctor has me remembering how it used to be.

"For four decades, untold numbers of Abilene area residents called Dr. Rorabaugh their doctor. He started practicing in Abilene in 1959 back in the days when doctors charged $3 or $4 per visit and made house calls."

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Schumpeter makes the news

November 11, 2009 2:00 PM by Douglas French

Investors Business Daily features an article about Böhm-Bawerk's famous student.

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Investors respond to good economic news

November 7, 2009 9:52 AM by Douglas French

The headline unemployment figure released by the Bureau of Labor Statistics (BLS) yesterday was 10.2%. However, the broader U.6 measure of unemployment, capturing short-term discouraged workers (those that have quit looking for a job within the last year) rose to 17.5%.

Shadowstats.com's SGS-Alternative Unemployment Measure rose to 22.1% in October. John Williams, shadowstats' proprietor, includes the long-term discouraged workers in his meaurement.

But now the unemployed can collect an additional 14 weeks of unemployment checks.

Meanwhile, Freddie Mac lost $6.3 billion in the 3rd Qtr. Fannie Mae has asked the government for another $15 billion to stay afloat, and five more banks were seized by the FDIC.

With all of this good news, the DJIA ended up 17.46 for the day at 10,023.42.

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FDIC has its biggest Friday of the year
2009.10.31 | Comments (5)

Insolvent Credit Union still operating
2009.10.31 | Comments (2)

Barber Bureaucracy
2009.10.30 | Comments (16)

Casino mogul Steve Wynn tells it like it is on "Fox News Sunday"
2009.10.14 | Comments (13)

Mamas, Do Let Your Babies Grow Up To Be Barbers
2009.10.07 | Comments (14)

America's Smartest and dumbest cities
2009.10.06 | Comments (9)

Rothbard predicts Obamanomics
2009.10.04 | Comments (3)

Mass Unemployment in the Name of Norma Rae
2009.09.22 | Comments (19)

A Tale of Two Shortages
2009.09.15 | Comments (9)

The Trouble with Democracy: Maslow Meets Hoppe
2009.09.08 | Comments (34)