Disruption, high prices, and dislocations of all sorts have led to call for a new “energy policy.” Let us consider the case of Indonesia, which has an energy policy of an unusual sort. As the Sunday Times of Singapore reported on September 4, 2005: “Jakarta subsidizes heavily the cost of fuel for ordinary Indonesians and faces a subsidy bill of as
Every major power in the world today has a spy agency. The Americans have the CIA, the Brits their MI6, and the Russians have the FSB (formerly the KGB). In the Indian capital city of New Delhi they have a Rat Surveillance Department (RSD). Unlike the others whose jobs involve tracking down the nasty “rats” who trade state secrets or crash
The Chinese have great respect for their history. For more than 3000 years, every monarch who ruled the Middle Kingdom had a court historian who faithfully recorded the affairs of the state — politics, state finance, natural disasters, palace intrigues and most importantly, warfare. The great Chinese historian Sima Qian wrote extensively in Shiji
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.
