In almost every discussion of the FCC specifically, or American spectrum policy in general, someone will assert that radio spectrum is a unique resource that belongs to the public. This will be said as if it were axiomatic—a starting point rather than the historical consequence of special interests pretending to misunderstand economics. More harm
From Hammer of Truth : Tom Woods begins Rollback by asking “is it already too late?” Before giving a lengthy answer, he points to recent polls that suggests most Americans claim to not trust the federal government; though much like a teenager that insists his parents are clueless – still looks their way for a solution. In answering the question
“The Nobel Prize-winning Austrian economist Friedrich Hayek’s arguments for free-market capitalism and against socialism and central planning made him a popular figure in 1940s America — and again today.” You can’t hear the audio for this story until 9 AM ET, but you can read it here
“MF Global’s Fractional Reserves” by Doug French Free bankers are always insisting that fractional-reserve banking is A-OK, as long as bankers inform depositors up front that the bank will be using their customers’ money to make loans and investments. That is exactly the case with MF Global, currently undergoing the eighth largest bankruptcy in
Anyone remember Red Dawn , the 1984 teenage saga of a communist invasion of the United States? Apparently, we can look forward to a remake in early 2012 . (But because Mises was right and the Soviets destroyed their economy a while back, the remake has the Chinese as the new Red Menace.) Meanwhile, Robert Wenzel at EconomicPolicyJournal.com
[ David Beckworth offers this reply to Robert Murphy : ] Robert Murphy recently questioned my claim made in a National Review article that there is a conservative case for QE2. He finds my premises and conclusion wanting. Unfortunately, in his analysis Mr. Murphy misses and mischaracterizes some important points I made about QE2. His article,
When Joe Salerno posted that “Austrian economists dominate the Money and Monetary Policy bestseller list for Kindle downloads ,” Frank G commented , “This is great news. I wish this blog was available on Kindle. I realize I would have to pay for something that is free, but its worth it to me since I have my kindle with me just about where ever I
The Free Market 28, no. 2 (February 2010) The Mises Institute is pleased to announce the multimedia content on Mises.org— thousands of hours of audio and video—is now available through iTunes U , a dedicated section within the iTunes Store ( www.itunes.com ). iTunes U carries lectures from top academic minds on every topic, freely available,
Introduction by B.K. Marcus: Mises wrote his first New York Times editorial in March 1941, having been in the United States for less than a year. He addressed a dispute between Josef Göbbels and Wendell Willkie, and provided a capsule version of mid-19th century Prussian history. The editorial, reprinted below, was published without Mises’s name,
Google’s new tool makes inroads into areas that belong to others for now, and raises the question: how long before Google supplants Windows? And the inevitable next question: how long before the Justice Department goes after Google for violation of anti-trust? Will Microsoft claim to be Google’s victim? Will Bill Gates have completed his
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.