You see a headline that reads “ $1 billion Later, Elevators Still Fail. “ The project in question is: a) a private company that is managing a private facility of some sort; b) a government
Somehow I think that I’ve read this review before in many other forms and venues and by many different authors. It is a “thoughtful” leftist reviewing Hayek’s Road to Serfdom , generally agreeing that, first, yes, full-blown socialism of the statist sort is crushing of liberty, but, hey, no one believes that stuff anymore. The left is thoughtful
Here is an audio sample that covers the opening chapter in which a free-silver movement of unemployed social reformers makes its way on a march to Washington.
Let’s just take it for granted that there needs to be a division of labor: some people covering fundamentals and others working on difficult inside problems and controversies. Let’s just grant that; this post is not urging anyone to change emphasis. But lately I’ve been thinking about how best to use the most prominent space on Mises.org and how
One might hope that the massive public opposition to the bailout would sway conservative opinion against the bailout but no such luck. The Heritage Foundation is still arguing that the government should “provide sufficient market liquidity to comprehensively resolve the financial situation.” Very strangely, Heritage points to this as a sign of
The problem of evil is a big theme for a movie, and certainly for a movie based on a comic book, but Batman: The Dark Knight deals with it expertly, and with a message that offers profound support to the idea of human liberty. It does so in two ways: it supports the view that human beings are capable of cooperating toward the social good, and it
One dreads pointing out the exceptionally obvious to the US Senate , but expanding deposit insurance takes us in the opposite direction of where we need to be. It will encourage riskier loans, promote moral hazard, give depositors a false sense of security, and add to the overall debt problem. Oy vey. See Rothbard on the whole notion of “deposit
I’ve been amazed at the sheer numbers of otherwise sensible people who seem to be under the impression that paper credit–not savings and capital–is the key to capitalist success. It’s as if the core message of the Austrians has not stuck at all, and many capitalists themselves have bought into the line of the Keynesians and others who believe that
NPR echos a sense reported everywhere: people have changed travel plans in light of the TSA’s ghastly attacks on airline customers. We’ll know more next week but the result could be financially disastrous for airlines (and then comes nationalization and then etc.). I am a bit annoyed about all these cries against the TSA these days, coming from
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.
