The Free Market 16, no. 12 (December 1998) The phrase of the day is “moral hazard.” It’s something everyone seems to think is a bad thing, but few are willing to do anything about, certainly not Alan Greenspan. So far, he’s on record backing the Mexican bailout, the Asian bailout, the bailout of Long-Term Capital Management, and more IMF
The Free Market 17, no. 7 (July 1999) The internet provides a remarkable test case of the free market. What have we learned? Business doesn’t need government to succeed. Independence is the trait that sums up the attitude of all successful web entrepreneurs. But this model of market success is not to be found in most textbooks of American
The Free Market 17, no. 9 (September 1999) Making splashy headlines, the National Marriage Project of Rutgers University reported this summer that marriage rates are at an historic low. Americans are waiting longer to get married and are choosing alternative arrangements to marriage. Data showing that divorce is on the decline turn out to be
The Free Market 18, no. 1 (January 2000) From the 1930s through the 1980s , government claimed it could innovate better than private markets. That’s what the boondoggles like TVA, Nasa , and Semitech were all about. Hardly anyone believes that anymore, so the rationale for government regulation of technology has changed. It now concerns such
Volume 13, Number 1 (1997) The American anti-statist intellectual tradition includes a wide variety of thinkers, from left utopians to secessionist agrarians to right anarchists. In this article, Jeffrey A. Tucker offers reviews for multiple books on Libertarianism. Tucker, Jeffrey A. “Book Reviews: Libertarianism—A Primer by David Boaz;
This paper seeks to present Mises’s views on cultural questions as well as his belief that certain cultural institutions are buttressed by a laissez-faire social order. It also seeks to show that Mises was an opponent not only of the political agenda of the Left, but of its cultural agenda as well, which he saw as inconsistent with and indeed
US Prints Saddam banknotes (BBC): US and British officials have said it is better to lose face by printing 250 dinar notes with Saddam on them for a short period than risk further inflaming public anger. They say new banknotes will be designed once an interim Iraqi administration is in place. Earlier this week, angry crowds gathered outside Iraq’s
Bush Approval Drops on Sour Economy (Reuters): President Bush’s approval rating has dropped to 57 percent from 73 percent since April as voters soured on his handling of the economy, a poll published on Wednesday showed. The Quinnipiac University survey revealed that nearly twice as many American voters were more concerned about the sagging
This series from In the Fray quotes Austrian economist Roy Cordato on the assessment of the social cost of cars.
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.
