Journal of Libertarian Studies 20, no. 1 (Winter 2006) SYMPOSIUM ON KEVIN CARSON’S STUDIES IN MUTUALIST POLITICAL ECONOMY EDITORIAL by Roderick T. Long. Many of the individualist anarchists, and in particular those thinkers associated with Benjamin Tucker’s journal Liberty , sought to combine a political theory based on individual sovereignty and
Protectionists rejoiced in rejecting a foreign investment by a Dubai company. Now the United Arab Emirates, Kuwait and Qatar are giving the protectionists what they wanted. The central banks of these countries are starting to diversify their reserves out of US dollars and into euros. With foreign investors owning 50% of all US Treasuries, I wonder
The Securities and Exchange Commission is supposed to be about protecting the individual investor. This New York Times story shows how the S.E.C. is obstructing attempts to obtain company accounting information contained in agency files. A private research firm called SEC Insight is resorting to a Freedom of Information Act lawsuit to get the
The National Association of Securities Dealers (NASD), a market regulator, has dropped civil charges against former technology investment banker Frank Quattrone . The NASD had accused him of improperly awarding shares in initial public offerings. It appears that all of the charges leveled against Quattrone were baseless and that he was being
The New York Stock Exchange said it will not impose the Sarbanes-Oxley Act on European firms if it merges with European exchange Euronext. This is a rejoinder to defenders of the onerous accounting law who claimed that it helps markets work better. The market itself has witnessed the unmitigated disaster of Sarbox, especially the dreaded Section
The Securities and Exchange Commission (SEC) has overturned investment banker Frank Quattrone’s lifetime ban from the securities industry . This comes on the heels of a federal appeals court decision overturning his 2004 conviction on obstruction of justice charges. The SEC ruled that the National Association of Securities Dealers (NASD), a
When NY attorney general Eliot Spitzer and the Securities and Exchange Commission (SEC) cracked down on Wall Street investment research , they held up “independent” research as the ideal. Unbiased by conflicts of interest with an investment banking business, the independent research would offer more accurate, less bullish advice. Regulators have
The Government Accountability Office (GAO) [sic] has released a report to Congress calling for the consideration of a new system of key national indicators covering economic, social, environmental and cultural areas. Here is the report , which calls for planners to have access to only the best quality data. GAO envisions an independent, web-based
The National Association of Evangelicals is considering a federal lobbying effort promoting government action against global warming. Top officials of the group have decided that the Bible mandates responsible stewardship of the Earth, energy use is causing catastrophic global climate change, and therefore the government should be given more power
The Sarbanes-Oxley Act, passed into law after the Andersen case was filed, gives the feds the powers they improperly used against Andersen. “in real terms, the opinion likely won’t change much in the way business does business in the post-Enron era. “If you’re a corporate defendant, you still have to make a deal with [New York Attorney General]
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.