The Free Market 20, no. 3 (March 2002) As with all economic calamities, pundits will find some way to blame the meltdown and collapse of Argentina on capitalism, deregulation, or the private sector generally. Such nonsense. This crisis is a product of government incompetence, made to order by the IMF, the Argentine political leadership, and the
The Free Market 20, no. 5 (May 2002) We are inundated by the forces of malevolence and deceit: terrorists, lying CEOs, stock hustlers, power-mad politicians, conniving regulators, conspiring pressure groups, and paid-off pundits. They seem to be everywhere. Revelations about Enron and its political connections remind us that even the business
The Free Market 20, no. 6 (June 2002) The headlines of the business pages have been trumpeting the arrival of recovery now for months. How do the experts decide when recession has turned to recovery? By looking at the data, which come in packages labeled in various ways: the GDP, the leading indicators, the unemployment rate, industrial
The Free Market 20, no. 7 (July 2002) Economic life is an intricate global system of exchange, one that works without any central direction. It generates prosperity and its own form of order within the framework of liberty. This is what is sometimes termed the magic of the marketplace, and we should never under-estimate its power. We can see by
The Free Market 20, no. 9 (September 2002) So long greenbacks; hello pinkbacks. So says the Bureau of Engraving and Printing, which promises to start changing the color of money next fall, beginning with the $20 bill. This bill already received a makeover four years ago. By inflating Andrew Jackson’s head, giving him a vague postmodern look,
The Free Market 20, no. 10 (October 2002) What a sight: the legislative and executive branches of government celebrating as they impose new criminal codes against corporate fraud, each politician trying to outdo the other in their moral outrage against business. These are people who created and guard what is perhaps the greatest financial fraud
The Free Market 31, no. 12 (December 2013) Mises Institute Senior Fellow Thomas Woods in October launched The Tom Woods Show, which quickly became a top-rated podcast on iTunes. Woods recently interviewed Mises Institute Chairman Lew Rockwell on the show, and toward the end of the interview, Woods asked Lew about his vision for the future of the
The Free Market 9, no. 1 (January 1991) Project Head Start is supposed to be the exception to the Great Society rule - a welfare program that actually works. David Broder of the Washington Post calls it “the most effective anti-crime and anti-drug program in the nation.” Sen. Edward Kennedy says we should model a “Marshall Plan” in “early
The Free Market 10, no. 1 (January 1992) Last March, I laid out my “Thirty Day Plan” for de-socializing America. But I didn’t scrap all of big government; now it’s time for more: DAY ONE: Foreign junkets are outlawed. If anyone on the federal payroll wants to fly overseas, he has to buy his own ticket. The State Department, Congress, and White
The Free Market 12, no. 7 (July 1994) Think of the U.S. Postal Service as a Soviet planning bureaucracy. The P.S. causes severe and systemic dislocations, imposes a terrible burden on enterprise and the citizenry, and is sometimes tyrannical. Also like Soviet planning, the longer it lasts, the worse it gets. It is doomed to fail and be
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.
