Thanks to Dr. William Peterson, longtime friend of JLF and our featured speaker at today?s Shaftesbury Society luncheon, for informing our audience about the basic tenets of free-market economics while also entertaining us. Bill’s citation of Henry Hazlitt’s bit of verse honoring Ludwig von Mises, which became the audience-participation part of today’s program, inspired me to create a new party game (which ought to tell you something about the nature of the parties I might attend).

Take Hazlitt’s ditty (which is the first two lines of the following) and add additional rhyming stanzas. My initial entry:

Mises, Mises,
We love him to pieces,
Study his thought
And your insight increases.

Mises, Mises,
A pathbreaking thesis,
Teach all your children,
Friends, nephews, and nieces.

Mises, Mises,
The work never ceases,
?Till all that?s left
Is a state that polices.