Professor Janek Wasserman, to his credit, is not a polemicist. His new book The Marginal Revolutionaries: How Austrian Economists Fought the War of Ideas is indeed a critique of the broad school of economic thought now colloquially referred to as “Austrian,” but it is not only that. It is also a lively and well-paced history of the astonishing
“South Dakota is not New York City.” A seemingly innocuous statement, made last Wednesday by Governor Kristi Noem in response to calls for her to issue a coronavirus shutdown across a state with the motto “Under God the People Rule.” South Dakota, after all, is one of the least densely populated states in the vast American West. Surely local
Which state has the courage to become the Sweden of the US, and take a different (read: better, freer) approach to coronavirus ? As of yesterday, five US states remain at least reasonably “open” in terms of their implemented measures to fight the pandemic. Arkansas, Nebraska, and South Dakota have no state orders in place closing businesses and
This text is excerpted from the introduction to Anatomy of the Crash , a Mises Institute ebook released in April 2020. Listen to the Audio Mises Wire version of the article. The Great Crash of 2020 was not caused by a virus. It was precipitated by the virus, and made worse by the crazed decisions of governments around the world to shut down
On this episode of Part Of The Problem , Dave Smith interviews Jeff Deist. Dave and Jeff discuss the future of a Post COVID-19 world; how rights once taken are rarely given back; and how a free market would be better prepared for a crisis than our system of
Dear Portlandia progressives: a federal government big enough to take care of you is a federal government big enough to “take care of you.” Scary unidentifiable police, federal black sites, and procedureless snatching of individuals from the streets are the wholly predictable and natural consequences of the very policies you advocated for decades
In the period leading up to the US invasion of Iraq in 2003, the Bush administration and its media accomplices waged a relentless propaganda campaign to win political support for what turned out to be one of the most disastrous foreign policy mistakes in American history. Nearly two decades later, with perhaps a million dead Iraqis and thousands
Listen to the Audio Mises Wire version of this article. Donald Trump’s executive order issued earlier this week purports to prevent online censorship by effectively instructing federal agencies to reinterpret the Communications Decency Act of 1996 (CDA). In particular, Trump has a well-founded complaint with the infamous section 230 of the
Listen to the Audio Mises Wire version of this article. It’s one thing for mass democracy to produce bad results, in the form of elected politicians or enacted policies. It’s another when the democratic process itself breaks down because nobody trusts the vote or the people who count it. But that’s precisely where we are. As things stand at this
Listen to the Audio Mises Wire version of this article. Modern monetary theory (MMT) has a new champion, and a new bible. Stephanie Kelton, economics professor at SUNY Stony Brook, is the author of The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy . Professor Kelton was an advisor to the Bernie Sanders presidential
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.
