Mises Search

“To retaliate for wrong suffered, to take revenge and to punish, does satisfy lower instincts, but in politics the avenger harms himself no less than the enemy,” Mises wrote addressing Germany in Nation, State, and Economy (1919). “What would he gain from quenching his thirst for revenge at the cost of his own welfare?” It was the achievement of

The statement given by the Bush administration to Congress and now available online, entitled “ The National Security Strategy of the United States ,” must be read to be believed. Its historical points are dubious, its economics misleading, and its social theory a heap of dangerous half- or third-truths. The overriding theme is an arrogant

The exciting book under review is a collection of Murray Rothbard’s essays on money and banking put together some five to six years after his unexpectedly early death and including some material previously unpublished.  In Rothbard’s hands these subjects take on new interest and importance. One reason is the author’s straightforward narrative

In the December 27 th Wall Street Journal online, Economics Nobel laureate Vernon L. Smith lays out a program to jumpstart the Iraqi economy and give Iraq a set of institutions fitted to the needs of a free and prosperous commonwealth. He spies “a historic opportunity” for W “to craft a new geopolitical-economic paradigm that could—and

The Ludwig von Mises Institute has published a new edition of Murray N. Rothbard’s Man, Economy, and State , and united this great treatise with Power and Market , which was originally written as the final section of the book but was published only eight years later. (Buy it  here ; see full text  here ) Rectifying that publisher mistake of 40

For all the talk about the triumph of capitalism, it seems that the free market—the real thing and not someone’s imagined conception of it—has very few friends in politics or the world of ideas. Thus do the writings Murray Rothbard, the leading defender of the market economy of his generation, still have the power to shock and clarify the