The computer and the Internet have put the world on our desk. Now the computer phone is putting the world in our pocket. If you haven’t seen it, the Money Museum is a beautiful online museum of world coinage. But I’m posting this because I’ve found that the Money Museum has created an iPhone app that puts the world of coins on your phone —
If meaning is use, then President Obama is a socialist, and there can’t be any argument about it — if the American people are allowed a vote in the matter . But leftist in the media and academia believe the language is theirs to manipulate and control, as it has been since the 1930s. Well, it isn’t 1936 any longer. We live in an age when the word
Who knew that the express way to the Supreme Court would be through the left wing Princeton history department ? More on Kagan’s early career as a young leftist scholar here and here . Barack Obama and the new age of “diversity” has given us two left wing Ivy League females — identically unmarried and childless — not simply from the same city and
George Bush expanded domestic spending at a faster clip than Lyndon Johnson, set up the monetary and institutional conditions for a massive economic collapse, and then explicitly told us that it was necessary for America to abandon the market system “in order to save it”. You would think that would be enough damage for one man. But now — just as I
Since WWII perhaps the most potent strain of anti-capitalist, anti-Western ideology has been powered by the conceptions of Hobson and Lenin as much as by those of Marx and the Webbs. On this view, capitalism and its need for markets and profits drives the violent and unjust economic exploitation of non-Western nations and peoples. Through this
“It became necessary to destroy the town to save it.” -- U.S. Air Force Major, Feb. 1968. “I’ve abandoned free-market principles to save the free-market system.” -- George W. Bush , Dec.
The 1978 interviews with Friedrich Hayek conducted by Earlene Craver, Axel Leijonhufvud, Leo Rosten, Jack High, James Buchanan, Robert Bork, Thomas Hazlett, Armen Alchian, and Robert Chitester in 1978 are now available on the internet . The interviews are available in these formats: pdf , text , flip book , and others . There is perhaps no better
What do we really know about Barack Obama, the throwback to the 1930s who truly hearts the ever expanding state? Well, we learned from Barack Obama himself that he’d been mentored in high school by the communist poet Frank Marshall Davis, he’d sought out Marxist professors at college, he’d spent his off-hours attending socialist conferences and
Many economists seem to think that the Austrian Theory of the Business Cycle is an explanatory projected circumscribed by its dependence on the identification of lose money created by a central bank as the necessary explanan s for the boom and bust cycle. But this is not Hayek’s view, and a careful reading of Hayek makes is clear that Hayek
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.