Francis Fukuyama reviews Bruce Caldwell’s book Hayek’s Challenge , and somehow manages not to put in the name Mises when discussing the socialist calculation debate (see Mises’s 1920 article ). That aside, and Fukuyama’s own social-democratic outlook aside as well, it is a good
J. Alfred Greenspan , by Randall W. Forsyth (Barron’s May 10, 2004) (thanks Greg Kaza): More than ever, this expansion has been bought with borrowed money, contends Trey Reik, manager of Clapboard Hill Partners, a hedge fund in the truest sense in that it has short and long positions.... the liquidity unleashed by the world’s central bank has
FEE.org caught this revealing piece from the Washington Post : “Across America, War means Jobs” In this corner of a critical presidential-election battleground state, the economy is surging with the urgency of a boom. But it wasn’t President Bush’s tax cuts, Federal Reserve interest rate policies or even a general economic turnaround that did the
Today’s Wall Street Journal reports that the ease with which the government prosecuted Frank Quattrone has increased pressure on major financial service firms to set aside reserves to cover liabilities resulting from future investor lawsuits. “[T]hey’re recognizing that the litigation environment is looking more hostile,” said John Coffee, a law
Thank goodness that Amazon has been tracking my purchases. Otherwise the store front that the tracking software created for me might not have alerted me to the existence of the first complete season of the Jetsons on DVD . That’s 24 episodes illustrating that technological advance is thrilling and meritorious without being fundamentally
Bob Luddy — successful businessman, champion of freedom, and founder of a private Catholic school — sent this letter to the Raleigh, NC, News and Observer, where it appeared on Saturday: Our “compassionate, war” President George W. Bush made a bad situation of post-9/11 action in Iraq even worse with his rhetoric. For example, his Wild West taunt
This lecture is fantastic, really. Professor Kors draws heavily from Mises himself. Watch the video here Socialism’s Legacy – Alan Charles Kors from Clemson Institute on Vimeo .
Many finance ministers and officials of central banks around the world are fed up with the U.S.’s inflationary policies, and QE2 seems to have turned quiet anger into open rage. The issue isn’t the inflation so much as the complete lack of coordination. The U.S. is trying to devalue the dollar on international exchange to boost exports , and to
And this morning, the Fed has deemed it necessary to lend, with no collateral, directly to businesses, thereby repeating in a worse form the very errors of Fannie and Freddie. Clowns with wrecker balls! Comments at the Washington Times are interesting. “Sounds like a great plan, who came up with that? Now I remember, it was
Monty Python put its funny stuff on Youtube to fight back against pirates : For 3 years you YouTubers have been ripping us off, taking tens of thousands of our videos and putting them on YouTube. Now the tables are turned. It’s time for us to take matters into our own hands. We know who you are, we know where you live and we could come after you
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.
