What would happen if some calamity befell the US Congress and it suddenly ceased to exist? Bloomberg’s Andrew Ferguson discusses legislation designed to assure that we continue to get all the government we pay for, no matter what. Here is a site that seems to discuss the “ Continuity in Government Commission ,” and here are some linked comments by
Like Oscar the Grouch , “I love spam.” OK, not exactly. But, my position is a far sight different from Russ Roberts’s . First, it is not entirely clear how to separate unsolicited commercial email offers from the dreaded category of “spam”. Being in the chemical engineering profession, I often receive email announcements regarding used pumps and
A New York Times news analysis of “microcredit” in Bangladesh subtly debunks the main myths of the movement: 1) that micro-lenders have discovered entrepreneurial opportunities that regular banks and financial institutions have overlooked because of a bias against the poor, 2) that microlending is a market-sustained sector as versus one massively
From the official GDP press release : “Real federal government consumption expenditures and gross investment increased 10.1 percent in the first quarter, compared with an increase of 0.7 percent in the fourth. National defense increased 15.1 percent, compared with an increase of 3.0 percent. Nondefense increased 0.7 percent, in contrast to a
Why did Google go public? “They have no choice,” says the Christian Science Monitor . “A 1934 law requires that any private company that reaches a certain size must provide its operation figures and finances to the federal government. Google passed that threshold last year and needed to comply by Thursday, according to reports. An initial public
Lots of predictable attacks on Mises Institute writings in this report from People For the American Way ( HTML | PDF ). Would that it were true that the voucher movement secretly favors full-blown
Greenspan is still blamed for fueling the .com bubble, and now it seems that he is rightly being blamed for the rise in price inflation. This morning’s NYT quotes economists from investment houses pointing the finger straight at the Fed. For example, there’s Alan W. Kral, portfolio manager at Trevor Stewart Burton & Jacobsen in New York. “We
Our old friend Bruce Bartlett today, writing in the NYT , says that Clinton ought to be regarded more highly by the friends of freedom—especially in light of the disastrous Bush years. He frames up what many of us have thought for some time: see Thornton for example. He sets up the article well (”we all dreamed of the paradise that would be ours
What a time for the Bush administration to go crawling to Congress to beg for another $25 billion for the war. Tesitfying on behalf of the request was the ever-present Paul Wolfowitz, who in testimony only weeks ago misstated the number of American dead: he was 30 percent short. The financial profligacy of this administration cannot produce images
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.
