I’m sure that Mr.Mohamud is a bad guy but a few paragraphs in this New York Times story add strange complications to the story, among which: For the next several weeks, the F.B.I. let the plot play out, assisting Mr. Mohamud with the details, providing him with cash, scoping out a parking spot near the square, sketching out the plan on paper. At
The old statism (Progressivism, New Dealism, Stalinism) was all about forcing material progress on people even when the economic structures and people make them work were not prepared for it. So we had these huge dams made to force electrification in the U.S. and Russia. Wires had to be stretched all over rural areas so they could be modernized.
China must build a great wall between its country and the grave threat of a destroyed dollar, warns the Chinese central bank. Fortunately, the article also draws attention to “quite a few wise Westerners” who understand that you can’t just create your own reality using the printing
BK Marcus drew my attention to this passage from Mises’s Theory and History that illustrates that Mises really understood the subject of innovation, and that his view contrasts with both the Marxian view (impersonal forces) and the IP view (innovation is a result of ex nihilo creations by isolated idea owners). As usual, the Misesian perspective
From Individualism and Economic Order (ironically under copyright), Chicago, 1948, pp. 113-14. Where the law of property is concerned, it is not difficult to see that the simple rules which are adequate to ordinary mobile “things” or “chattel” are not suitable for indefinite extension We need only turn to the problems which arise in connection
Live blog index I’m no longer live blogging, judging it tacky to be typing on a laptop in a formal dining room at Archbishop Fonseca College, surrounded by dignitaries from Spain wearing glorious wool capes. So I took notes, and mainly I carry very strong memories of this evening, memories which begin the courtyard. It seems like many photographs
Live blog index The third day of the Salamanca conference gave a fresh start, but I sure had the sense when we gathered for coffee that some folks had been out rather late the night before. In Salamanca, there seems to be a funny habit at work. You go to dinner between 8 and 9pm, but you don’t eat and run. You stay and stay, and the service
Live blog index The schedule of this conference is precisely what one might want in an exotic and historic place such as this: the lectures run until just after noon and then the afternoons are open for touring and museums and the like. There is so much to see, and wherever you are, you are struck by a sense of awe of the deep roots of the liberal
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.
