Valery Giscard d’Estaing has written a constitution for the EC that is highly revealing in the sense that it shows how far Europe has departed from the liberalism that gave rise to its civilization to the liberalism that posits societies run by managerial states. Matt Scofield has posted an interesting critique: Roadmap to Fleece. “In this vein
Letter to Mises.org: I read Steve Forbes’s Fact and Comment column in Forbes Magazine, June 9, 2003, specifically the items headlined “ Deflation: The Fast, Easy Cure “ and “Dumb Debate.” He clearly thought that deflation is bad for the economy. He seemed to think that one should strike a balance between inflation and deflation. He wrote that
LewRockwell.com has a new blog you will also enjoy. As this item points out, the LRC rating is 770, which beats Washington Times and National Review. Meanwhile, the new Mises.org ratings are in, showing this site ahead of OpinionJournal, as well as the UN, IMF, World Bank, etc.
Already, there is controversy about the EU constitution’s attempt to increase labor costs by discouraging temps. Christopher Westley discusses why temp employment exists and why unions hate it.
After weeks in which Bush administration spokesmen have said that the weak dollar is actually a blessing, Bush has told a Russian TV station : “[T]he marketplace is making decisions as to whether the dollar should be strong or not. Our policy is a strong dollar. And we believe that good fiscal and monetary policy will cause our economy to grow and
Many commentators suggested that oil was the real reason for the war on Iraq. If so, no one anticipated that after the war, US firms would have a hard time gaining access for one simple reason: Iraq is not safe (MSNBC).
The feds are really going ahead: they want to indict Martha Stewart for the crime of wanting to sell her stocks on the expectation that they will go down in price. William Anderson has written a demolition of the case against her : “Government officials conveniently forget that the other stockholders were going to take losses anyway, thanks to the
From an LRC blog by Daniel McCarthy : I’m spending the summer as a research fellow at the Ludwig von Mises Institute. One of the perks of this role is having access to copies of the institute’s various publications -- including the Mises Review . For readers unfamiliar with it, the Mises Review is a quarterly review, 27 or so pages per issue,
Ramesh Ponnuru, writing on NRO’s Blog , says: I’m trying to figure out if there exists a blog dedicated to Austrian-school economics. The question arises because of the long op-ed in the Wall Street Journal today, which seems (to someone who studied the subject several years ago) to caricature the Austrian theory of the business cycle. I figured
After ninety years of work on the Austrian theory of the business cycle, and a shelf full of books and journal articles, it is rather alarming that Edmund Phelps could have gotten it so wrong. Greg Ransom at the Hayek Center draws attention to this aspect of the Phelps piece, calling it “a major embarassment for the editorial page of the Wall
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.
