I hesitate to link this essay of L. Neil Smith because, if it influences you without his consent, you are guilty of stealing from him. Maybe you think that you have his implicit consent because he has posted it online. He doesn’t see it that way. “There is no discernible difference between physical property and intellectual property,” he writes.
So says Richard Armey , who is among the many Republicans who are suddenly making sense after years of kowtowing to Republican-style Keynesian policy. It seems like a universal principle: those who are out of power favor free markets more than those in power. So the agenda seems clear: keep everyone out of
I had missed this excellent story in the NYT by Peter Goodman about the dubious loan modification companies that have emerged out of the mortgage industry. They ask people to cough up money and promise to negotiate for lower rates with lenders. Once they get the money, they vanish. It makes for harrowing reading to see how voracious businesses can
In his speech to the Chamber of Commerce, President Obama said : America’s success didn’t happen overnight, and it didn’t happen by accident. It happened because [of] the freedom that has allowed good ideas to flourish, that has allowed capitalism to thrive; it happened because of the conviction that in this country hard work should be rewarded
Check out this wonderful review of Woods’s Meltdown : Meltdown is in many ways an extraordinary achievement. He has digested complex theory and a whole range of recent history and presented the single best analysis of the current recession out there. It is a terrific example of using Austrian economics and free-market thinking to analyze the real
The news of how a little-noticed provision in the health-care bill will affect coin buyers and sellers – among many others – has finally made the news .
Take a look at the GAO’s report on losses due to piracy. It concludes that all of the studies you have heard cited a zillion times are completely made up. Three commonly cited estimates of U.S. industry losses due to counterfeiting have been sourced to U.S. agencies, but cannot be substantiated or traced back to an underlying data source or
Declan McCullagh on Cnet reports that: “appears to permit the president to seize temporary control of private-sector networks during a so-called cybersecurity emergency.” Defenders say, what’s the big deal since the president has always had such power? (Thanks William
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.