From the Hayek Blog : Would Hayek approve gay marriage ? Worth noting — portions of Hayek’s The Fatal Conceit were written by the editor of the book — who happened to have been gay — when Hayek fell ill before the final completion of the manuscript. There has yet to be a full scholarly accounting of these non-Hayek passages in the book,
“This ‘ animated gif ‘ tracks the spread of the gold standard from 1870 to 1913.” See also Christopher Meissner’s paper on that subject. (Thanks to Sam Koritz.)
“Back in 1937, an economist named Ronald Coase realized something that helped explain the rise of modern corporations -- and which just might explain the coming decline of the American two-party political system,” writes Everett Ehrlich in the Washington Post (link courtesy of Arts & Letters Daily).. Posted by Llewellyn H. Rockwell,
A journalist writing a book on the ongoing development of the web recently asked me for some Big Thoughts on the relationship between new technology and ideas. Rather than attempt that, here are some Small Thoughts that I hope amount to at least the sum of their parts. In one sense, the web is a lot like the world: filled with good and evil, dumb
The years between 1944 and 1949—Marshall Plan, GI Bill, the Cold War, fiscal and monetary planning, cultural and economic regimentation--set the stage for the next half century... In the same way that a socialized economy cannot put new technology into effect, and thus yields no civilizational advance, the world of ideas was frozen into a pattern
Why does the US keep being surprised by events? Because the government, whether at home or abroad, acts like an irresponsible teenager driving a fast car. The decision calculus is myopic in the extreme. No thought is given to the effect of its decisions on others, and no uncertainties are ever presumed. When the crash occurs, there are fleeting
A remarkable story , from our own hometown newspaper, showing how licensure is ultimately backed by the police power, and on behalf of a producer cartel, in this case the veterinarians: Brooke Williams Staff Writer W ednesday, March 3, 2004 The owners of for Paws Boutique in Auburn were arrested Monday in connection with instances of practicing
Writes a friend: “I thought this letter might gladen your heart”: “Dear Grandfather, my job at the music store has ben going great. It’s amazing how my attitude towards the work has changed since being introduced to free market-Austrian economics. I understand the nature of exchange much more clearly now, and I understand that 1) when I exchange
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.
