Sports bore me but I can’t get enough of the great burger battle . McDonald’s reported sales increases of 4.8 last month. Most of the increases are overseas but it is no surprise that its domestic sales are solid as can be. Their new coffees, which now include frozen drinks, are a close competitor to Starbucks, and in buying them you don’t have to
This is Greenspan , the former head of the Fed, whose job it is to keep the entire banking system afloat despite its inherent bankruptcy: “Government guarantees of the liabilities of institutions viewed as too big to fail thwarts the competitive process that produces capital efficiency,Of all the regulatory challenges that have emerged out of this
When an author signs a publication contract, insofar as it contains strict and traditional copyright notices, he is pretty much signing his life away. It used to be that the publisher would maintain control only so long as the book is in print. Today, with digital printing, this means forever: your lifetime plus 70 years. During this time, you
From our forthcoming Turgot Collection : Genius, whose course is at first slow, unmarked, and buried in the general oblivion into which time precipitates human affairs, emerges from obscurity with them by means of the invention of writing. Priceless invention!—which seemed to give wings to those peoples who first possessed it, enabling them to
Peter Sidor, a heavy hitter at the Mises Wiki , just called on my Skype app on my iPhone, something I downloaded the other day just to test it out (yeah yeah, I know, I’m a late adopter). So I answered and voila I’m video talking to a colleague in Germany, and there for a minutes we discussed the Panic of 1792 and the literature surrounding it,
Here is a very cheeky piece from William F. Buckley from the Old Freedom, August 1954, in which is presents a choice that “conservatives” face. On the one side are those who don’t want the Cold War because they value liberty at home and because socialism ultimately eats itself without outside help. On the other side are those who believe that
The usual claim is that Sweden thrives because of a welfare state, but Nima Sanandaji argues in a new book in PDF form that the real reason has to do with a stable legal system, a homogenous culture wedded to the work ethic, and actual cuts in government welfare provision. h/t Cobden
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.