MSNBC : President Bush on Thursday proposed that by 2008 the countries that emit the most greenhouse gases come up with long-term goals to curb emissions... Critics dismissed the strategy as a diversion and a delaying tactic...” How we can only hope that the critics are
I’ve been completely captivated by this series of interviews in which Steve Jobs and Bill Gates are brought on a set together to talk about the history of our times as it concerns technology, and their particular contribution to it. These are two amazing techno-entrepreneurs. They are speaking of incredible technological advances, and their
The Fed shall work to counter business cycles, stabilize the banking system against shocks, and print billions of dollars so as to keep stock market prices as high as possible: NYT : Hoping to provide some comfort that there is ample cash available, the Federal Reserve made its largest intervention since the markets reopened Sept. 19, 2001, in the
I was speaking to a banker this past weekend who put the blame on the subprime problem squarely on the campaign against “ red lining “ and the Community Reinvestment Act enforcement, which forced banks to give super risky loans to people without savings or credit history — i.e. the poor. The very thought hit me like a ton of bricks (did I miss
Fortune takes note of the “crumbling infrastructure “ and suggests that Randian capitalists might come to the rescue (the article is confused and meandering so no reason to ponder the thesis completely). But it does remind me of the book I just read last week, one I thought was just over-the-top wonderful: The Driver, by Garet Garrett . It is set
William Anderson today talks about America’s pockets of socialism and how they collapse when tested. Meanwhile, in the prison called North Korea, there is massive flooding and disaster in an unimaginable scale, as socialist structures are washed away in the tide of history. “The heavy rain destroyed at least 800 public buildings, over 540 bridges,
I just had the pleasure of preparing a chapter from Flynn’s Men of Wealth for publication here. It is on the fortune and life of Basil Zaharoff, the arms merchant who made fantastic amounts of money selling guns to all sides of the world’s war conflicts before, during, and after WWI. Every business attracts to itself men who have the taste,
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.
