Two days ago, at the Austrian Scholar Conference, we heard from Mustafa Akyol about the commercial heritage of Islam – a learned, eloquent, deeply informative, and inspiring lecture in every way. He has a new book that is coming out soon that covers the topic. If the book covers what his lecture covered, it will be a revelation. Perhaps this
The former Car Czar of Romania, writing in the WSJ, talks about his experience in trying to manufacture cars under socialism. He extends his analysis to the Jaguar in Britain to show how governments in capitalist countries can’t do it either. His analysis centers on two features of car socialism: the technical ignorance of the planners and the
The Washington Post this morning writes about the central issue, buried in all the blah blah about stimulus this and stimulus that: what the heck is going to happen in light of the trillion (trillions?) in new money created by the Fed to create the illusion that the bust isn’t happening? How will the U.S. avoid a Weimar scenario? The article just
Allan Carlson, who has old liberal impulses but an aversion to modern economic structures, reports on a conference on Belloc-Chesterton-style Distributivism (or distributism) that took place in England this month, featuring philosophers and theorists of various sorts. From his report, the analysis of the crisis is not entirely off base but the
The story is here . Whether Harry Potter did or did not overtly borrow from “The Adventures of Willy the Wizard,” there can be no doubt that all good fiction is to some extent borrowed from other great fiction, else there would be no point in studying literature in order to contribute to it. This story strikes me as particularly ironic since the
NYT : After a brief tirade against the sport by the president on national television last month, pro-Chávez officials have moved in recent weeks to shut down two of the country’s best-known golf courses, in Maracay, a city of military garrisons near here, and in the coastal city of Caraballeda. “Let’s leave this clear,” Mr. Chávez said during a
Just received an email from DrinkingintheMorning : “While doing research for our show, we stumbled on your blog. We feel we are kindred spirits. Not only did you do a blog post about drinking in the morning (the subject of our show) but you even mentioned one of our Drinks of the Day — guiness and chocolate cake donuts!” They are referring to this
An old-time socialist cliche in favor of socialized medicine is that private companies profit from people’s sickness, which is supposed to be unconscionable. Actually the best way to meet people’s needs is through a system that permits profitability as a sign of success and efficiency, just as it makes sense that farmers should profit from
The Freeman had a long existed before editorial control was handed over to the Foundation for Economic Education. It was a continuation of a publication started by Albert Jay Nock in the 1920s. The 1940s and 1950s-era resurgence was edited by John Chamberlain and Henry Hazlitt, and contain wide-ranging essays on economics, politics, and culture.
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.
